- a 5 per cent cut in public sector pay;
- freezing benefits for a year;
- means-testing child benefit;
- abolishing winter fuel payments and free television licences;
- reducing prison numbers by a quarter;
- axing the two planned aircraft carriers;
- withdrawing free bus passes for pensioners;
- delaying Crossrail for three years;
- halving roads maintenance;
- stopping school building;
- halving the spending on teaching assistants and NHS dentistry;
- cutting funding to Scotland and Wales by 10 per cent.
Showing posts with label FT. Show all posts
Showing posts with label FT. Show all posts
Monday, 26 April 2010
We're doooomed!
Dire warnings from the Pink 'un this morning: Brutal choices over British deficit. One passage in particular should give pause for thought. Using government figures the FT calculates that a new government would need to do the following in order to save £30-40 billion from the budget (necessary to halve the budget deficit by 2014):
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