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Outsourcing spend doubles under coalition

7 Jul 2014 12:00 AM | Anonymous

According to a recent article in the Financial Times from Information Services Group (ISG), the amount spent since the coalition government came into power on outsourcing services has doubled to £88bn.

In a bid to seek cost savings through its austerity programme, tens of thousands of public sector staff have been transferred to privately sector management. When compared to the previous fours years under the then Labour government, outsourcing spend was £45bn.

The results of the research go on to show that over the past two years, the value of public deals reached £51bn compared with £30bn for the commercial sector. They also indicate that although the private sector now seek smaller contracts, the government are pursuing larger deals.

Outsourcing to take a hit at the next general election

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