Summary of the Group's capital spending

5.1  The Treasury Group's capital DEL allocation for the CSR period falls from £7.2 million, the 2007 - 2008 baseline, to £6.7 million in 2010 - 2011, a reduction of 5% per annum in real terms.

5.2  The Group's capital spending over the CSR period will be mainly on IT, including:

  The cyclical renewal/refreshment of desktop systems and the expansion of home and remote working capability;

  Investment in upgraded operational systems to support the DMO's trading activities; and

  Investment in an integrated HR information system.

5.3  Over the CSR period, there will be reviews of business critical applications, including the possible use of more modern technology for the COINS public expenditure management system and a move to a next generation electronic records and document management system.

5.4  The Group also contributes to the cost of the Whitehall Streetscape project, led by the Cabinet Office.