By Marcus Leach

The government has revealed that the number of civil servants and quango chiefs earning more than £150,000 a year has been cut by more than 50 during the past year.

According to the Cabinet Office this equates to a annual saving of over £10 million to the British tax payer.

It is "an example of cutting the deficit without cutting frontline services," said minister Francis Maude.

In 2010 there were 345 senior mandarins and officials earning in excess of £150,000, but now that figure is down to 291.

Join us on
Follow @freshbusiness