UK to Slash 500k Public Sector Jobs, Raise Pension Age to 66

[sixmile]

http://www.bbc.co.uk/news/uk-politics-11579979

snip
'Up to 500,000 public sector jobs could go by 2014-15 as a result of the cuts programme, according to the Office for Budgetary Responsibility.
Mr Osborne has not set out in detail where the jobs will go but he admitted there will be some redundancies in the public sector, which he said were unavoidable when the country had run out of money.'

snip
'He also confirmed that the budget for new social housing would be cut by 60% over four years, and rents for new tenants would be brought closer to private sector rates, with the money raised to go towards building new affordable homes.

Campaign groups reacted angrily to the move, with the National Housing Federation calling it "a devastating blow to the millions of low income families currently stuck on housing waiting lists".'

snip
'Universal benefits for pensioners will be retained as budgeted for by the previous government and the temporary increase in the cold weather payment will be made permanent.

But a planned rise in the state pension age for men and women to 66 will start in 2020, six years earlier than planned.'

[flamingdem]

1. They voted in a Britpuke, here are the results nt