Quote: Chancellor George Osborne must create a more "joined-up" approach to spending cuts to deliver true value for money, a Conservative think-tank has warned.
The Centre for Social Justice accuses the government of a "blunderbuss" approach to reducing spending.
The group, set up by Work and Pensions Secretary Iain Duncan Smith, says setting overall savings targets could hit schemes already giving good value.
But the Treasury said it would protect frontline services.
The chancellor has asked most Whitehall departments to set out how they could save 25% to 40%
The Centre for Social Justice report says ministers may be tempted to cut each existing project's budget, instead of getting rid of those which are failing. | 
