Speeches sourced from the Labour party’s online archive More…

Angela Eagle MP, Labour’s Shadow Chief Secretary to the Treasury, in response to Government claims about efficiency savings, said: 

“A large part of these savings are already in place and were made while Labour was in government. 

“On top of that Labour planned to save £11 billion through efficiencies as part of the Smarter Government programme which would help deficit reduction. 

“Much like Francis Maude’s botched bonfire of the quangos which ended up costing more than it saved, today’s announcement has only shown that this Tory-led Government’s smoke and mirrors over efficiency savings will not mask their plan to hit the economy with a £13bn VAT rise and £20bn of cuts this year.” 

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