Posted Mon, 29/06/2009 - 19:46 by admin
Tax News - Monday 29th June 2009
Government accused of dishonesty over UK spending cuts |
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Monday 29th June 2009
David Cameron has today accused Gordon Brown and the Labour government of dishonesty with the revelation that the next government spending review will not take place until 2011. The cat was most certainly let out of the bag when Lord Mandelson gave an interview today on radio suggesting that there was no need to review government finances until the economy had turned. The Conservative party has come under severe attack from the UK government for suggesting that a 10% cut across the board was required to rein in public service spending. However, when asked to confirm UK government spending plans for the future Gordon Brown was unable to come up with a figure while today he is expected to highlight areas of interest to the public which will receive increased investment in the short to medium term. There is no doubt that public service finance will be one of the major areas of contention as we approach the next general election with the public demanding extra finance for the NHS and other vital areas of the public sector. However, when you consider that UK national debt is now well over £1 trillion there is very little scope for the UK government to work within.
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