Emergency Budget: I will find an extra £17bn in public sector savings – Osborne

Chancellor George Osborne said he has found an extra £17bn in savings in the
public services.

Osborne has flagged the new cuts in his forst speech as chancellor, claiming
this will mean a 25% across the board cut.

He said not all departments will be given the same treatment, highlighting
education and defence as examples which may be able to strike a different deal.

“Not all departments will receive the same settlement,” he said.

“The final split…will be set in the spending review.”

He said final details will be detailed on the release of the spending review
on 20 October.

Related reading