Economic Growth at the cost of 13 000 jobs?

By : Forum Moderator
Published 5th December 2012 |
Read latest comment - 6th December 2012

Just read this here at the independent.

Chancellor Osbourne is trying to put together five billion pounds to boost the economy. This places around 13 000 jobs on the line.

More than 13,000 civil service jobs could be axed as a result of an extra

Thanks,
Dreamraven
Comments
Bit of an update to that can be found here at the telegraph, but deals more with what might be implemented on the public sector, instead.

He is expected to raise most money from the wealthiest and the welfare budget. After weeks of negotiations within the Coalition, the Conservatives have vetoed a Liberal Democrat plan for a mansion tax, but could still raid pension pots.

dang

Thanks,
Dreamraven

Prob not very PC, but the line "13,000 civil service jobs" is probably key. A lot of people have mixed feelings about civil servants, or the perceived image of civil servants, as over staffed govt bureaucratic agencies.

From personal dealings with local government depts, I haven't really seen much to change my opinion. But I believe the govt is one of the UK's largest employers now.

I suppose it depends if you count Teachers, Nurses, Police, Firefighters, Military etc as "civil servants", and if they will be impacted, rather than the traditional image of "bureaucrats and govt suits".

Steve Richardson
Gaffer of My Local Services
My Local Services | Me on LinkedIn

It goes a little further it seems. Another post from the guardian shows that welfare and "whitehall spending" is next.

George Osborne has announced deep cuts in welfare and Whitehall spending after admitting Britain's malfunctioning economy had left him unable to meet the government's targets for repairing the public finances.

The rating agency Fitch responded instantly to the chancellor's news that his austerity programme would be extended until 2018 – well into the next parliament – by warning that the UK was at risk of losing its coveted AAA credit rating.

Osborne announced cuts in corporation tax, more generous investment allowances for business, higher infrastructure spending and the scrapping of next month's planned 3p fuel duty increase in response to heavily revised-down forecasts from the independent Office for Budget Responsibility (OBR) that the economy will contract by 0.1% in 2012 and grow by just 1.2% in 2013 – the weakest post-recession performance in Britain's postwar history.

I'm also watching this from the BBC Its an argument between Ed Miliband and David Cameron about NHS Spending.

Thanks,
Dreamraven

Well their doing well, having just wasted around

Thanks,
Barney

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