Downloading PDF. Please wait... Issue 2457

Billions more in cuts on way – let’s make the Tories extinct

This article is over 6 years, 7 months old
Issue 2457
Welcome to Osbornes World

Welcome to Osborne’s World


Slasher Tory chancellor George Osborne unveiled £3 billion more cuts last week – on top of the £13 billion cuts already planned.

The cuts will hit public services including education, transport and local government. They will make it even harder for councils to deliver key services such as social care.

Together with the selloff of the government’s remaining shares in Royal Mail, Osborne hopes to make a total of £4.5 billion in “savings”.

The cuts are three times higher than Osborne’s Office for Budget Responsibility predicted. 

The Institute for Fiscal Studies said the Tories were “misleading” over the scale of the cuts in their manifesto.

It said the Tories would need to slash £33 billion a year to meet their promise to cut the deficit – not the £13 billion previously claimed.

Osborne’s budget on 8 July could unveil even more. The Tories hope to drive through savage cuts fast.

They have raised the stakes. We need to do the same.

 

Sign up for our daily email update ‘Breakfast in Red’

Latest News

Make a donation to Socialist Worker

Help fund the resistance
One-off