CHANCELLOR George Osborne is set to announce details of the coalition Government's first £6 billion of public spending cuts to be made this year.

Whitehall travel, IT projects, quangos, outside consultants and new recruitment to the Civil Service will all be hit as Mr Osborne and Treasury Chief Secretary David Laws make their first inroads into Britain's record £156 billion deficit.

The Liberal Democrats signed up to the Conservative plan as part of the coalition deal between the two parties, despite having opposed spending cuts this year during the election campaign.

Vince Cable's Department for Business, Innovation and Skills looks set to be one of the big losers, with reported savings of £900m, while a further £200m could come from university funding and a freeze on Civil Service recruitment is expected to save another £163m.

It is reported that the Treasury identified further savings from Whitehall's annual £3bn travel bill - including £125m on taxis, £320m on hotels and £70m on flights.

Further savings could come from the £1bn spent on Government advertising and the £580m budget for office furniture.

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