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Tuesday, 4 December 2012

Tuesday, December 04, 2012 Posted by Hari No comments Labels: , , , , , , ,
Posted by Hari on Tuesday, December 04, 2012 with No comments | Labels: , , , , , , ,

...and Cameron is not happy...



UK 'could face austerity until 2018'
The chancellor may have to extend the squeeze on public spending until 2018 if the recent deterioration in growth prospects and tax receipts turns out to be permanent.The Institute for Fiscal Studies said George Osborne may then have to find another £11bn from tax rises or spending cuts, or miss one of his fiscal targets for 2015. BBC NEWS

OUR RELATED STORIES:


The policy of giving to the rich and taking from the poor is the cause of the crisis, not the solution


Read why the IMF is calling for an immediate end to austerity programmes

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