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Spending Review: Osborne wields axe

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  • Spending Review: Osborne wields axe

    Chancellor George Osborne has unveiled the biggest UK spending cuts since World War II, with welfare, councils and police budgets all hit.
    The pension age will rise sooner than expected, some incapacity benefits will be time limited and other money clawed back through changes to tax credits and housing benefit.
    A new bank levy will also be brought in - with full details due on Thursday.
    Mr Osborne said the four year cuts were guided by fairness, reform and growth.

    More .. much more at .... http://www.bbc.co.uk/news/uk-politics-11579979
    "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

  • #2
    Yeah man whey serious! Thats the issue I have with Bruce, him shoulda cut who fi cut already, yes unemployment would rise, but who cyaan hear must feel and it is clear majority of those employed in the public sector either lack understanding or dem cyaan hear.

    Anyway, lets see if the English gonna act as foolish as the French.
    "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

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    • #3
      meanwhile .... in fantasyland ..


      NWC workers strike!

      Some workers employed to the National Water Commission (NWC) are now on strike.
      The workers, who are represented by the National Workers Union (NWU), took industrial action after a meeting which was requested for Tuesday at the Ministry of Finance to discuss their wage dispute failed to materialise.
      NWU Vice President Granville Valentine told RJR News workers in Kingston and St. Andrew and St. Catherine have stopped working.
      He also disclosed that other parishes have joined the protest but on a smaller scale.
      The union leader insisted that the action will continue until the government deals with the impasse.
      “The government obviously feels that they have the right not to deal with the dispute that is on the table. We believe that for respect to be shown it must be shown on both sides and if this is the way the government chooses to approach an issue of this kind with an essential service such as the Water Commission it tells you that we have some dark days ahead of us,” Mr. Valentine said.
      On Friday, the union wrote to the Finance Minister seeking his intervention in the dispute over the non-payment of a 7% wage increase due from last year.
      "Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)

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      • #4
        Originally posted by Lazie View Post
        Yeah man whey serious! Thats the issue I have with Bruce, him shoulda cut who fi cut already...
        like himself!


        BLACK LIVES MATTER

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