From The Stage:

The Department for Culture, Media and Sport has committed to making £60 million of efficiency savings as part of a wider bid across government to make £11 billion of cuts by 2012/3.

Around £10 million of the total will be found through rationalising and restructuring its arms-length bodies. This will include merging the British Film Institute and the UK Film Council, and the National Lottery Commission and the Gambling Commission. Meanwhile, £15 million will be created through “increasing collaborative procurement across all its NDPBs [non-departmental public bodies]” and £35 million will be saved through general efficiency savings, such as cuts on back office spending, reducing consultancy and reducing marketing and communications spending across its arms-length bodies.

Read the full story at thestage.co.uk