23 November 2015 - UK Spending Review 2015
Spending Review: IFS warns of deepest cuts in history
Tim Ross (The Telegraph)
George Osborne will announce the most dramatic and far-reaching cuts to state spending Britain has ever seen as he sets out his plan to clear the deficit - and run a surplus.
The Institute for Fiscal Studies, Britain’s most influential economic think tank, has calculated that Whitehall departments that have not been given special protection face average cuts of 27 per cent in their budgets, when the Chancellor unveils his Spending Review on Wednesday.
The cuts between 2010 and 2020 will be the deepest ever seen and will reduce the overall size of state spending to its lowest level since the War, Paul Johnson, the director of the IFS, said.
In an interview with the Telegraph, Mr Johnson said the shape of the state will be radically different and is likely to be restricted largely to providing basic pensions and health care.
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Postponing Tax Credit Cuts
Brian Wheeler (BBC News)
Labour claims the chancellor is planning cuts to Universal Credit, which is set to replace six working age benefits by 2020. He is thought to have scrapped a plan to cut work incentives after Iain Duncan Smith threatened to resign.
But Labour claims he is likely to find another way of cutting the benefit. The party seized on a comment by Mr Osborne in an interview with the BBC's Andrew Marr, in which he said: "Largely unnoticed, in the last week, the House of Commons has just passed multi billion pound savings in our welfare budget."
Worsening deficit
Larry Elliott (The Guardian)
George Osborne is a lucky man. In different circumstances, the headlines in the 10 days before his autumn statement on Wednesday would have been dominated by the mess the chancellor has made for himself over tax credits.
Instead, attention has been on events in Paris rather than London, allowing the chancellor to consider his options. None of them looks particularly attractive, although those already writing Osborne’s political obituary should be careful. Chancellors can always conjure up money from somewhere, and this chancellor has time on his side.
All that said, Osborne is in a weaker position than he was in July when he announced the £4.5bn cuts to tax credits. That decision always looked a bit curious given that the chancellor had spent the election campaign trumpeting how the Conservatives, rather than Labour, were now the party of working people. It was impossible to open a paper or turn on the news without seeing a picture of Osborne in a hi-vis jacket and a hard hat chatting away on construction sites and in distribution warehouses. These are the self-same people, those dubbed strivers by the chancellor, who will be hit by the removal of tax credits.
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Counter-terrorism
Priyanka Mogul (International Business Times)
Chancellor George Osborne has promised a 30% increase in the UK's counter-terrorism budget in light of an increased security threat after the Paris attacks. The chancellor was speaking ahead of revealing changes to the budget in his Autumn Statement on 25 November (Wednesday).
Defending controversial reduction in funding for police forces across the UK, the chancellor said that the cuts enabled them to increase spending on counter-terrorism and the military. Speaking about stepping up the British "aircraft carrier punch", he laid out plans for the UK to have 24 F-35 jets by 2023, citing them as being "some of the most powerful in the world".
Dismissing concerns that the police cuts would put the country at a greater risk of threat, Osborne said: "I'm absolutely confident that we're going to have the resources to deal with a terrorist threat. Precisely because we're making difficult decisions in other parts of our budget, we can give our military more kit and we can increase our counter-terrorism budget by 30%."
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"23 November 2015 - UK Spending Review 2015", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), novembre 2015. Consulté le 15/09/2024. URL: https://cle.ens-lyon.fr/anglais/key-story/archives-revue-de-presse-2015/23-november-2015-uk-spending-review-2015