Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

U.K. Department for Education to Cut a Quarter of Workforce

Britain’s Department for Education will cut 1,000 back-office jobs as it seeks to reduce running costs by half by 2015.

An earlier target of cutting administration costs by 42 percent was extended to 50 percent, the department said in an e-mailed statement in London today. The ministry will have about 3,000 staff by the end of the process.

“Over the coming months we will target our staff time and money on only our top priorities, cutting red tape and concentrating on the work that adds the most value,” the department said. “We are reducing the size of our back-room staff and merging offices to reduce the cost of our buildings.”

The cuts are part of a broader program to squeeze spending across departments as Chancellor of the Exchequer George Osborne seeks to rid the U.K. of its budget deficit by 2017.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.