Tuesday, November 30, 2010

Spending Review: Osborne defends 'fairness' of cuts



Chancellor George Osborne has defended the "fairness" of his UK spending cuts after Labour claims they were reckless and would hit the poorest hardest.

He told the BBC that including Budget measures, the top 10% of earners would be hit hardest but everyone was making a contribution to cutting the deficit.

He said "the path to economic ruin" lay ahead if the deficit was not tackled.

Labour called the £81bn cuts - the biggest since the 1970s - a "reckless gamble" with the economy.


No comments:

Post a Comment