Sentences with phrase «austerity drive»

An "austerity drive" refers to a series of actions taken by a government or organization to reduce spending, save money, and cut down on expenses. It typically involves implementing measures such as budget cuts, reducing public services, and increasing taxes to address financial challenges or reduce debt. Full definition
With the double - dip recession having ended any hopes of the current austerity drive being over by 2015, further «belt - tightening» is now inevitable.
This once again highlights how the government's austerity driven cuts risk causing great damage to the British justice system.
Those who had previously called for sweeping cuts have watched on with dismay, bitterly aware that most governments struggle to extend the political will for austerity drives beyond their first two years.
Women are bearing the brunt of the government's austerity drive in the public sector, according to figures showing that twice as many women as men have lost jobs in local government since 2010.
But Britain's national network of jobcentres is currently undergoing radical change as the government implements multiple welfare reforms and cuts as part of its continued austerity drive.
In the UK, a Conservative — Liberal Democrat coalition government elected in 2010 began a strong austerity drive by halting and reviewing all major IT contracts, squeezing IT suppliers for costs reductions, cutting back consultancy and instituting stringent requirements for the launching of any new government IT innovations.
Perhaps, the Minister of Finance believes in «austerity driven growth».
Just as the quality of the public services you rely on are getting worse because of a politically driven austerity drive...
Conservative and Liberal Democrats will be hoping the recovery ends debate about whether or not the recovery could have taken place sooner had the coalition's austerity drive not slowed progress.
He finished by lacerating the «austerity driven by an outdated dogma» which was on offer from the opposition.
Criticism of the coalition's austerity drive from Clegg's outgoing director of strategy, the former think - tank chief Richard Reeves, helped underline that point this morning.
It is easy to support the IMF's teachings when they show the austerity drive of the governing party you're are trying to beat is bad for the economy.
In Gordon's view, Britain is not yet facing significant pressure from bondholders, making the austerity drive very much about the politics of the day.
Australian winemakers might have to wait until 2015 to see a return to growth in China after Pernod Ricard, the world's second - biggest drinks group and owner of Jacob's Creek, warned that beverage sales were flat since the Lunar New Year as an austerity drive and crackdown on luxury gift giving kept glasses empty.
Bruce Tyrrell, a fourth - generation boss of Hunter valley family wine group Tyrrell's Wines, said the austerity drive had hurt the key gift - giving segment of the Chinese market.
Former US president Bill Clinton is the latest politician to condemn the coalition's austerity drive.
Assuming the coalition continues its austerity drive at the same pace as that seen in the period covered by the 2010 comprehensive spending review, all government departments will have to make cuts of 1.6 %.
Spending cuts caused by the coalition's austerity drive are driving down ministers» ability to deal with this problem.
The phrase, who acts as a shorthand for the difficulties of those on modest and medium incomes during the austerity drive, beat «Arab Spring», «occupy», «phone - hacking» and «podcasting» for the nomination.
Downing Street insisted Britain was on track to meet its fiscal mandate, despite having put back the end of the government's austerity drive to 2018.
The trio insisted that the Leader of the Opposition had won the support of party members because he offered «an alternative to the austerity driven divisions within our economy and society».
Treasury sources suggested international organisations had recommended extending the government's austerity drive for an extra year would be more effective in retaining the confidence of the markets.
NPC believes it could make a big difference to charities struggling to cope under the coalition's austerity drive, though.
Three quarters, however, believe the government's austerity drive is occurring too quickly, which Labour will suggest is a vindication of their economic argument.
The constant revising downwards of UK growth, particularly from its improving situation when the coalition came to power, has led to frantic calls for the country to water down its austerity drive.
Osborne cited the independent Office for Budget Responsibility's (OBR) report blaming the failure on the performance of Britain's economy, which shadow chancellor Ed Balls suggested was directly linked to the coalition's austerity drive.
Labour has not blinked in its claims that the harshness of the government's austerity drive has damaged the economy, hitting tax receipts and undermining the deficit reduction drive in the process.
Updating MPs on the state of the economy, the chancellor accepted for the first time that the UK's debt would continue rising until 2016/17 - and the coalition's austerity drive will now extend into the next parliament.
In a passage reminiscent of the election campaign, Mr Brown made a veiled critique of the coalition government's austerity drive.
The report found departmental staff cuts as a result of the coalition's austerity drive would not have prevented sufficient resources being found if the appropriate escalation of the issue had taken place.
Despite this, they are determined to press on with the austerity drive backed as firmly by the Lib Dem man in the Treasury in his speech to delegates, Danny Alexander, as by chancellor George Osborne.
The Tories have to end their austerity drive - but doing so could show the deficit lie for what it is
The country's austerity drive is now set to continue well beyond the next general election, and later this year the coalition is expected to unveil further public spending cuts.
On 4 January 2011, the current chancellor, George Osborne introduced a 20 % rate — a centrepiece of the coalition's austerity drive — meaning in 40 years the tax rate on goods and services sold in the UK has doubled.
The government is preparing for a pitched battle with unions, who have declared a campaign of co-ordinated industrial action in opposition to the austerity drive.
Chote went further, suggesting the worse - than - expected performance of the UK economy might reflect the coalition's austerity drive having had a more severe impact than previously thought.
Dame Elisabeth, who was originally a strong advocate for the Big Society said the coalition's austerity drive was undermining the idea, however, by forcing cuts to volunteer activities already in existence.
George Osborne has seized on the crisis in Portugal as a sign that the coalition took the right action when it launched an austerity drive.
Impending funding cuts caused by the coalition government's austerity drive will make it harder for chief constables to prioritise a shift towards anti-social behaviour, however.
Chancellor George Osborne told the British Chamber of Commerce (BCC) that Portugal's debt crisis confirmed the need for an austerity drive in Britain:
Together, the public handed the Conservatives and Liberal Democrats an overall majority which they are using to press ahead with their austerity drive.
The coalition's austerity drive could result in 100,000 more public sector job cuts than previously thought, a report has claimed.
The chief secretary to the Treasury argued there «could not be a worse time to argue that we should abandon our plan» in spite of opposition anger at the harshness of the coalition's austerity drive.
Nick Clegg has won his party's renewed support for the coalition's austerity drive, after rebels calling for a «rebalanced» economic policy were roundly defeated.
The Public Accounts committee gave its verdict today on the 2007 spending review today, arguing that if lessons in getting value for money are not learned from that process then frontline services are at «serious risk» under the new government's austerity drive.
The Conservatives have put all their hopes in the current austerity drive, gambling it will preserve our triple AAA rating with the credit agencies and get us growing again.
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