Article 6JWTS UK public services will buckle under planned spending cuts, economists warn

UK public services will buckle under planned spending cuts, economists warn

by
Kiran Stacey Political correspondent
from Economics | The Guardian on (#6JWTS)

Chancellor is considering cutting billions more from public spending to pay for reductions in tax or NI

Britain's stretched public services will buckle under the weight of the spending cuts being planned for after the election, economists have warned, as Jeremy Hunt prepares for another round of tax reductions in next week's budget.

Experts say the level of public sector spending pencilled in for the next parliament would mean cuts equivalent to those undertaken by David Cameron's government from 2010 to 2015. Some have warned the next government will not be able to implement them, and will be forced either to raise taxes or borrow more to fund emergency spending.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title Economics | The Guardian
Feed Link https://www.theguardian.com/business/economics
Feed Copyright Guardian News & Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments