Sunak pledges to cut £5.5bn in ‘wasteful’ government spending to tackle cost of living crisis

  • Date: 20-Mar-2022
  • Source: SkyNews
  • Sector:Economy
  • Country:Gulf
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Sunak pledges to cut £5.5bn in ‘wasteful’ government spending to tackle cost of living crisis

Rishi Sunak is pledging a £5.5bn crackdown on Whitehall waste as he faces pressure to tackle the cost of living crisis in his mini-budget.

Ahead of his spring statement on Wednesday, the chancellor claims the efficiency savings will both curb inflation and fund vital public services.

"During these challenging times it's vital that every single penny of taxpayers' hard-earned cash is being spent well," Mr Sunak said.