The new Chancellor George Osborne this week announced immediate savings of £6billion. The figure may seem large, but when a country has a massive budget deficit it isn’t that much. Except that once again, it will be the ‘ordinary people’ in the street who will suffer.
- The abolition of the Child Trust Fund.
- Reduction in the number of university places.
- Local councils must reduce their overall budgets.
- Reduction in grants to the devolved national assemblies.
- Civil Service recruitment will be frozen.
- Government ministers to be forced to use public transport.
- Axing some quangoes and reducing the cost of others.
The response to the cuts were mixed. The Labour opposition couldn’t say much because they have other pressing issues on their mind. However, the real test will come when the emergency budget is revealed next month. Will it break the coalition? Time will tell.
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