Cost Improvement Plans 2024/25

Reference: 24-25133

Date response sent: 26/06/2024

Details of enquiry

1. The trust’s total planned CIP/efficiency savings for 2024-25 (£)
2. What proportion and value of CIPs are identified and non-identified, at the date of this request being received?
3. The CIP/efficiency plan for 2024-25 as a % of operating expenses
4. Total planned ‘recurrent’ and ‘non recurrent’ CIP/efficiency savings for 2024-25
5. Total CIPs/efficiencies for 2024-25 broken down to ‘pay’ and ‘non-pay’ – should add up to the total figure provided in 1.
6. For pay CIPs, please provide the totals relating to ‘establishment reviews’, ‘corporate services transformation’ and ‘service redesign’

Response sent

1. The trust’s total planned CIP/efficiency savings for 2024-25 (£)

£5.2m

2. What proportion and value of CIPs are identified and non-identified, at the date of this request being received?

Identified:   81%

Work in Progress: 19%

3. The CIP/efficiency plan for 2024-25 as a % of operating expenses

Circa 8.2% in total, of the operating expenses

4. Total planned ‘recurrent’ and ‘non recurrent’ CIP/efficiency savings for 2024-25

£5.2m of which:

£2.7m = non recurrent expenditure reduction,

£2.5m = recurrent CIP/efficiency

5. Total CIPs/efficiencies for 2024-25 broken down to ‘pay’ and ‘non-pay’ – should add up to the total figure provided in 1.

£2.7m = non pay

£0.5m = income

£2.0m = pay

6. For pay CIPs, please provide the totals relating to ‘establishment reviews’, ‘corporate services transformation’ and ‘service redesign’

Service Redesign: circa £0.5m

Premium Cost Reduction: circa £1.2m

Remainder: circa £0.3m individual posts currently subject to ongoing reduction programme.