Monday, 24 May 2010
Dwp Custs announced
The Department for Work and Pensions will make £535m of cuts. Of that, £200m will be saved through reduced IT projects and consultancy, marketing, travel and a recruitment freeze. The remaining £335m comes from measures such as winding down, then cutting altogether, the Future Jobs Fund which will save £290m. The department will also stop the £1,000 subsidy for employers to take on anyone who has been out of work for six months.
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