After being cut by £11bn in June, news that welfare spending will be slashed by an additional £4bn comes as something of a surprise. However, the government is working feverishly to make cuts wherever it can – and Chancellor George Osborne has expressed a belief that many people are simply sitting on out-of-work benefits, without actively looking for employment. Of course, out-of-work benefits are not designed to support a person or a family for indefinite periods of time; they are designed to tide people over while they look for new jobs. If people are out there scraping by with quick cash services and other deals, while collecting out-of-work benefits, it appears that the government would like to put an end to it. (more…)
Archive for the ‘Government Cuts’ Category
UK Welfare Spending to be Cut
Friday, September 10th, 2010UK Undergoing Worst Cuts in Decades
Friday, July 16th, 2010According to the very popular and reputable think tank, the Institute for Fiscal Studies (IFS), the UK is experiencing cuts as long-running and considerable as the ones during the World War II days. Indeed, cuts are going into their sixth year right now, and there doesn’t appear to be any end in sight. Many government departments could have their budgets reduced by up to one-third, which is sure to have a major effect on the way that they function. In order to quell concerns among private citizens – many who are relying on payday loans to get by – the government claims that these cuts will be more problematic for the rich than they will be for the poor; the IFS is not convinced of that, however. (more…)
