Britain to Cut 600,000 Government Jobs to Reduce Debt and Waste


Wednesday October 20th, 2010   •   Posted by David Theroux at 8:47pm PST   •  

BBC News reports in “Spending Review: Osborne wields axe,” that faced with the largest government debt in Europe, British Chancellor of the Exchequer George Osborne has announced that the UK government will make the biggest spending reductions since World War II, cutting on average 19% from spending and 500,000 government jobs, including the budgets for welfare, councils, and police. In all, the plan includes cuts of $81 billion in four years.

For the full article, please click here.




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