UK's austerity welfare spending is closer to poorest nations of EU
by Phillip Inman Economics correspondent from Economics | The Guardian on (#263T0)
Britain was only rich EU country to cut welfare as a proportion of GDP over four years - but it does spend more on subsidising housing, says Eurostat
Britain's version of austerity is more aligned to the poorest nations of the European Union, according to figures from Brussels which reveal the UK was the only rich EU country to cut welfare spending as a proportion of GDP between 2011 and 2014.
Related: The Tories will reduce UK public spending to Estonian levels
Continue reading...