As Tesco profits take a nose dive (unrelated, but they deserve a mention since I've borrowed their slogan), the Government announced today that is has saved taxpayers over £100m on property this financial year.
the Cabinet Office said that savings have been delivered following the introduction of "strict property controls and getting a better grip on the property estate".
Minister for Cabinet Office, Francis Maude, said, " We are getting a grip on the Government estate - introducing greater transparency has not only shown the true scale of what we own or lease, it has enabled us to see the scope for savings and to push ahead with making them.
" In our determination to find savings for taxpayers, we have introduced tight controls and saved over £100 million in the first nine months of this financial year.
" We expect even greater savings by the end of this Parliament, as we make better use of space and put an end to the days where the government estate was bigger, inefficient and went without scrutiny.
" Governments will always need property, but it can only be right that the public can see what property is held and how efficiently it is being used."
While £100 million saved is great news, and saves the taxes of 16,000 workers, it doesn't even pay one days interest on Britain's debt mountain.
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