Thursday, October 21, 2010

Spending Review - What did you think?


So the spending review has finally been announced. £81 billion of cuts have been made, 490,000 public sector jobs are likely to be lost, departments will have to face an average of 19% cuts and the retirement age is going up to 66. On the other hand, the school budget has been protected, the NHS budget is to rise, and museum entry remains free. You can download the entire document (as a PDF file)here. What do you think? The "fairness" of the cuts has already caused some debate, but George Osborne has stated that "There is no Plan B". We would very much like to hear your opinions!