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Daily Archives: October 20, 2010
WHAT ABOUT THE BANKS EH?
As we approach today’s Comprehensive Spending Review let’s just briefly reflect on how and why we got here in the first place… I’m no economist, but it’s true to say that under Blair & Brown public spending has risen consistently … Continue reading
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A FEW CHOICE OSBORNE TIDBITS…
Just ahead of the Spending Review, did you know…? George Osborne was in fact born Gideon Osborne – he changed his name at the age of 13 after his grandfather. He took Modern History at Magdalen College, Oxford, where he … Continue reading
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POOREST 10% HIT HARDEST BY SPENDING REVIEW
Early signs are that despite George’s insistence on fairness it will be the poorest 10% that will feel most of Osborne’s Spending Review pain. The Institute for Fiscal Studies has told Sky News the spending plans are “regressive” and a … Continue reading
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500,000 PUBLIC SECTOR JOBS TO GO. WELFARE SLASHED. SOCIAL HOUSING HAMMERED. LOCAL GOVERNMENT TROUNCED.
500,000 public sector jobs to go £81bn cut from public spending over four years 19% average departmental cuts £7bn extra welfare cuts, including changes to incapacity, housing benefit and tax credits. That’s on top of the 11 billion previously announced … Continue reading
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