With the changes we are making to the structure of the Cabinet, the removal of one full Cabinet place and the introduction of four Deputy Cabinet members, Southwark's Labour Administration will have achieved savings of over £100,000 on the amount of money which we spend on councillor's allowances over the past 12 months. All of this money is contributing to the savings which we need to make so that we can carry on trying to provide high quality front-line services for Southwark's residents.
Within days of taking office last year we reversed Lib Dem/Tory increases and were able to make savings of over £70,000. This years changes will add another £30,000 to that sum.
Some have criticised our decision to introduce allowances of approximately £2,700 for the Deputy Cabinet members - but taken in the context of our overall savings I believe that we are demonstrating real efficiency.
We have already brought an end to the dither and delay of the previous administration - providing clear political leadership right across the borough. This is an administration which makes savings and delivers results for the people of Southwark.