Value for money
The Government will match investment in public services with reform and a constant effort to improve value for money. Here you can find out about the Government's current value for money programmes.
Some of the files on this page are available in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.
-
2009 Value for Money update
-
SR04 Efficiency Programme (PDF file 612KB)
Following an independent review by Sir Peter Gershon, the Government set departments stretching efficiency targets as part of the 2004 Spending Review. The 2008 Pre-Budget Report closed the programme, and announced significant over-delivery.
-
CSR07 VFM Programme (PDF file 208KB)
Building on the success of the SR04 Efficiency Programme, the CSR07 value for money programme will go further and achieve an additional £30 billion of sustained, cash-releasing, net value for money savings by 2011.
-
Public Value Programme (PDF file 228KB)
The Public Value Programme, launched at Budget 2008, will look at all major areas of public spending to identify where there is scope to improve value for money and value for money incentives.
-
Operational Efficiency Programme
The Operational Efficiency Programme will draw on private sector expertise to examine cross-cutting areas of government spending. The programme will report at Budget 2009.
Back to top