Better ways of working would save the average employee five productive hours a week, which works out, in average salary terms, to around £4,200 per employee per year. Employers would also save £650 per employee on the cost of the desk space they occupy, and £100 on printing. The country as a whole would gain £6.9billion year in working hours gained.
The first substantive line of George Osborne's budget speech was: "We've now cut the deficit not by a quarter, but by a third". This might be surprising to anybody who read my earlier blog here, which pointed out that the deficit had (measured on a rolling twelve- month basis) been rising, not falling, for the last year or so.
Growth has ground to a halt, real wages are falling and more than 6m people want work but can't find it: yet our chancellor continues to fiddle - with beer duties and the pottery industry - as the British economy flatlines. The inconvenient truth is that George Osborne has become Labour's greatest electoral asset.