This conclusion may not be apparent at first glance, with CSR 2007 appearing to show some degree
of public spending restraint.
Since 2010, the UK has been subjected to one of the longest periods
of public spending restraint over the last century.
Not exact matches
This brings us up to date: the membership
of the
Public Service Alliance
of Canada has borne the lion's share
of the Conservatives» recent
spending restraint.
Geoffrey Howe's 1981 Budget is oft - sighted as the acme
of fiscal prudence and austerity, which was punitive and unpopular in 1981, but for Thatcherites it ensconced a taxation system and a
restraint on
public spending that ushered in the «age
of prosperity» in the mid-to-late 1980s.
When the Labour governments elected in those years squandered their political support by wave after wave
of pay
restraint and finally IMF - inspired cuts in
public spending, Margaret Thatcher came to power in 1979 and made a last ditch attempt to stem the Tory decline.
He said the deficit was still too high, which is why
public sector workers face another year
of pay
restraint and welfare
spending will be capped from 2015.
Given that the entire
public sector is facing sharp
restraint in
spending, the appetite among MPs for increasing state funding
of political parties will not be high.