Universities challenged to step up cost saving efforts

Higher education purchasers in England are still under pressure to cut costs despite a low efficiency savings target.

They must make an estimated £230 million in savings by 2007-08 as part of the chancellor’s efficiency gains.

Gordon Brown announced the efficiency savings targets in his July spending review. He called on the entire public sector to make £20 billion of savings, with the money going into improving the delivery of frontline services.

Towards this target, the...

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