Departments which do not meet 5% cuts will not get new cash – Treasury minister

Departments which do not meet 5% cuts will not get new cash – Treasury minister

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the government's commitment to delivering change through a mission-led approach, focusing on public spending, infrastructure, and digital transformation. It highlights the challenges faced by the new administration, including a significant budget deficit, and the steps taken to stabilize public finances. The speaker emphasizes the importance of a zero-based spending review to ensure efficient use of resources and the need for modernizing the review process using technology. The goal is to align government spending with the Prime Minister's plan for change and deliver better outcomes for taxpayers.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three main areas of responsibility mentioned by the speaker?

Public spending, infrastructure, and digital transformation

Healthcare, education, and defense

Foreign policy, trade, and immigration

Environment, agriculture, and tourism

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role did the IFG play in the spending review reform?

They opposed the spending review reform

They had no involvement in the spending review

They provided 21 recommendations for a multi-year spending review

They funded the spending review process

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the budget deficit faced by the government upon taking office?

£22 billion

£10 billion

£50 billion

£5 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the government's first mission according to the speaker?

Kick start economic growth

Reduce unemployment

Improve healthcare

Increase exports

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the zero-based review mentioned by the speaker?

To privatize public services

To reduce taxes

To increase government spending

To evaluate what is working and what isn't in government spending

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the minimum savings and efficiency target required in the spending review process?

10%

20%

15%

5%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the spending review process being modernized?

By using data and technology

By increasing the number of meetings

By hiring more staff

By outsourcing to private companies