Biggest living memory spending cuts by the British government

Biggest living memory spending cuts by the British governmentChancellor of Exchequer, George Osborne presented the final version of spending cuts, totaling £83.0 billion in cuts, aiming to virtually slashing UK’s ballooning deficit in a plan described as the biggest since WWII. The plan aims to reduce spending by 0.7 percent annually, according to June’s blueprint, in order to tackle the