Sentences with phrase «between public spending cuts»
Meanwhile, Ed Milliband has called for Labour to end its caution over tax, telling the Independent newspaper that the balance between public spending cuts and tax increases for the rich should be shifted in favour of public services.
https://www.theguardian.com/ Not exact matches
A modelling exercise for the Resolution Foundation by the Institute for Employment Research and the Institute for Fiscal Studies finds that on the basis of annual average UK growth of 2.5 per cent from 2015 - 2020 — an optimistic scenario — and no further cuts in public spending, living standards will fall for low and middle income households by between 3 and 15 per cent (Brewer et al., 2012).
This involves the extra tax receipts being raised by the Government as the economy grows being split between public spending and tax cuts.
It points to five million low - paid workers, a housing market where home ownership rates have halved over the last 20 years, public spending cuts and a brutal welfare squeeze as evidence that the gulf between the well - off and the underprivileged will become permanent.
Mr Osborne has given an interview to the FT (of which there is more inside the paper here) in which he asserts that Labour's projected 1.1 % annual increase in public spending between 2011 and 2014 is «unsustainable» and that it will be spending cuts rather than tax rises which account for reducing the the fiscal deficit:
The electoral map between coalition and the opposition — except for Labour in London and the Scottish Lib Dems — presents quite a stark north - south divide, which the pattern of public spending and cuts will exacerbate.
Once we factor in spending on the likes of debt interest and benefits, the government's figures show spending on public services will have to be cut between 2011 and 2014.
A Freedom of Information investigation by Children and Young People Now magazine in 2013 found that 31 per cent of local authorities closed public playgrounds between 2010 and 2013 and cut spending on play by 38.8 per cent during the same period (# 67.9 million in 2010/11 — # 41.5 million in 2013/14).