efficiencies

It said "the rationale for the former chief executive's retirement contributing to efficiencies was, at best, unclear".

The councillor said the government must ensure the new councils created are the right size to achieve efficiencies, improve capacity and withstand financial shocks.

ABF said the deal would lead to "significant costs synergies and efficiencies" in an effort to create a sustainably profitable bread business.

The report added "as remote working practices become more embedded it is anticipated that the nature of the office estate will change further and more opportunities for efficiencies will arise".

“Skydance believes that its acquisition of Paramount will generate significant efficiencies and have a substantial positive impact on the future of broadcasting,” McKinnon wrote.