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Thread: UK spending review

  1. #1
    Politics.ie Member PAD1OH's Avatar
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    Default UK spending review

    my reading of the situation is pretty close to that of Mark Thomas

    "Remember today it was the BANKS that took our money, we paid the bail out. We get the cuts. They get bonuses."

    it'll be interesting to see how it plays out today

    Spending Review - HM Treasury

  2. #2
    Politics.ie Member Sync's Avatar
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    The basics are known, 83 billion in cuts, 500,000 laid off from the public sector. It's how this will break down to the "ordinary man" which will attract most attention though.

    The beeb are, as always, giving excellent coverage: BBC News - Spending Review

    And Nick Clegg is certainly not shirking away from this:

    Nick Clegg has written to all Liberal Democrat members ahead of the spending review. The deputy prime minister says Lib Dems have been involved in the decision-making process "all the way". He writes: "We have a hard road to recovery ahead, but we are determined to ensure it is a road that leads to fairness too
    I'm living in America, and in America, you're on your own. America's not a country. It's just a business. Now f***ing pay me.

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    Politics.ie Member LeDroit's Avatar
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    A genuinely strong government with actual leadership.
    "A govt big enough to give you everything you want, is strong enough to take everything you have" Thomas Jefferson

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    Politics.ie Member PAD1OH's Avatar
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    Quote Originally Posted by LeDroit View Post
    A genuinely strong government with actual leadership.

    how do you figure that? they have only just been in government a few months . We will have to wait see the impacts of over a million newly unemployed.

    don't forget that right up until the end of 08 the tories were promising to match the Labour spend pound for pound. They made a strategic shift to capitalise as much as possible on the wider banking crisis.

  5. #5

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    osborne speaking in the commons now.

  6. #6

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    administrative budgets of all government departments to be cut by one third.

    reduction in public sector headcount over 490,000 over 4 years

  7. #7

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    6 billion in "efficiency savings"

  8. #8

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    total spending is STILL increasing though - reaching 693 billion by 2014/15

  9. #9

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    Quote Originally Posted by LeDroit View Post
    A genuinely strong government with actual leadership.

    Indeed and yet again the Conservatives are left cleaning up the mess left by Labour.
    Thank you for the six thousand likes.

  10. #10

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    overseas aid spending to rise.

    weird. must be a sop to the lib dims.

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