Breaking news from the FT which reports that in “announcing an initial £6.2bn of cuts for the current financial year, Mr Osborne said it was important to cut the deficit urgently so that debt repayments did not “spiral out of control.” Those departments taking the brunt of the cuts include business (£836m), communities and local government (£780m), transport (£683m), work and pensions, (£535m), education (£670m), the chancellors’ departments (£451m) and the devolved administrations (£704m).”
http://m.ft.com/cms/s/0/c682b356-6714-11df-bf08-00144feab49a.html
Further analysis to follow of impact on UNISON members, notably the implications of DCLG being earmarked for the second biggest tranche of cuts. Together with the freeze on council tax this poses a massive threat to Council jobs.
