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The United Kingdom government austerity programme was a fiscal policy that was adopted for a period in the early 21st century following the era of the Great Recession. Coalition and Conservative governments in office from 2010 to 2019 used the term, and it was applied again by many observers to describe Conservative Party policies from 2021 to ...
The anti-austerity movement in the United Kingdom saw major demonstrations throughout the 2010s in response to Conservative-Liberal Democrat coalition government's austerity measures which saw significant reductions in local council budgets, increasing of university tuition fees and reduction of public spending on welfare, education, health and policing, among others.
In economic policy, austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. [ 1 ] [ 2 ] [ 3 ] There are three primary types of austerity measures: higher taxes to fund spending, raising taxes while cutting spending, and lower taxes and lower ...
Anti-austerity political parties in the United Kingdom (13 C, 21 P) Pages in category "Austerity in the United Kingdom" The following 5 pages are in this category, out of 5 total.
The Welsh government's draft budget is "riddled with empty words", according to a group of Senedd Members. ... "If the upcoming budget is meant to signal a new start and a break from austerity ...
Ahead of the Scottish independence referendum in 2014, the Scottish Government pledged to end austerity in an independent Scotland. [4] Economist Thomas Piketty welcomed the political reaction to austerity, saying the rise of anti-austerity parties is "good news for Europe". According to Piketty, European countries tried to get rid of their ...
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The June 2010 United Kingdom Budget, officially also known as Responsibility, freedom, fairness: a five-year plan to re-build the economy, was delivered by George Osborne, Chancellor of the Exchequer, to the House of Commons in his budget speech that commenced at 12.33pm on Tuesday, 22 June 2010 (just 90 days after the previous budget speech). [1]