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Britain Details Radical Cuts in Spending, Citing Debt

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Bragi Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-20-10 09:32 AM
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Britain Details Radical Cuts in Spending, Citing Debt
Source: NY Times

LONDON — The British government unveiled the country’s steepest public spending cuts in decades on Wednesday, sharply reducing welfare benefits, raising the retirement age earlier than planned and eliminating almost half a million public sector jobs over the next four years as the country seeks to free itself of crushing debt from the global financial crisis...

(PM Cameron) said that 490,000 public sector jobs would be lost over the four-year savings program and the size of government departments in London would be cut by one third. Public spending would be cut by a total 83 billion pounds, or around $130 billion, by 2015.

Read more: http://www.nytimes.com/2010/10/21/world/europe/21britain.html?_r=1&hp



I hope the workers and unions in the UK are following events closely in France these days, and intend to create the same kind of heat for the UK's neoliberal coalition government.

And I certainly hope they won't take any cues from docile and subservient Americans.
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