The Treasury has written to government departments
warning most ministers they will have to cut up to 10% of their budgets for the
year 2015/16.
Spending
on health, schools and international aid will continue to be given protection.
Ministers are preparing for the
spending review to be held on 26 June.
Chancellor George Osborne
announced in last week's Budget speech that he wanted to cut another £11.5bn
from public spending.
Firstly it should be clarified
that the 10% figure isn’t final, but the Treasury’s opening offer for the negotiations
to follow.
Also why is international aid
being given special protection from the cuts, protecting health and schools is
obvious but can we really afford to be giving away billions in aid, I don’t
think so. Shouldn’t we get our finances in order first?
Again it could all change but
asking departments to cut 10% out of their budget is placing a huge burden on
them, and will most likely result in high numbers of job losses.
George Osborne has been accused
by many esteemed critics for cutting to deep to fast, so it will be interesting
to see how they react to the news he plans to go even deeper.
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