Whitehall could save £33bn with big data analytics, says Policy Exchange

Tuesday, 03 July 2012

Whitehall could save £33bn with big data analytics, says Policy Exchange

Synopsis

"The Policy Exchange estimated up to £22bn could be found by optimising the running of departments; up to £3bn by reducing fraud and error; and £8bn by collecting a greater share of unpaid taxes.

"In its report, The Big Data Opportunity the Policy Exchange called for a specialist Data Force unit to be set up in Whitehall to identify savings in tax avoidance and benefit fraud, with an objective to find £1bn in its first year.

"The Policy Exchange report suggested the Home Office could analyse airport queues in real time to anticipate bottlenecks and ensure enough desks are open to cope with fluctuations in passenger numbers.

"It added HMRC could collect more unpaid tax by accelerating the use of algorithms to mine data (including tax returns and third party data) and flag cases that need to be investigated to ensure the correct tax is paid."

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