We Need To Cut An Extra £25bn A Year

We Need To Cut An Extra £25bn A Year

Chancellor George Osborne indicates he will target the welfare budget for much of the £25bn of cuts that must be made from 2015.

George Osborne at the Conservative party conference 2013

George Osborne said more cuts are to come

A further £25bn of cuts must be made after the next election if the Government is to eliminate the UK’s deficit, Chancellor George Osborne has said.

Mr Osborne, who will set out his priorities for the next 12 months in a speech later this morning saying 2014 will be “the year of hard truths”, indicated he would be looking to the welfare budget to make those savings. read more

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