okaycuckoo Posted June 5, 2010 Share Posted June 5, 2010 With the budget of the Department for Work and Pensions set to face cuts of up to 20% over the next five years, ministers are hoping for large savings from schemes to force claimants off incapacity benefit and into work. Bye bye the DWP's Support For Mortgage Interest scheme. More draconian measures are also on the table. Freezing all benefits for 12 months next year would raise £4.1 billion. Executing a Liberal Democrat pledge to axe child credits for couples on a joint income of more than £26,000 could save more than £1 billion a year. Child tax credits are very good for bailing out mortgage lenders. But this policy won't have great impact, unless they decide to aim their axe at the root. All public sector workers earning more than £18,000 a year already face a pay freeze next year, but it is understood that curbs in wage rises beyond 2011 are likely to be unveiled in the budget on June 22. Debt courts will be waving hello to public sector workers for years to come - "We've been expecting you for soooo long!" http://www.timesonline.co.uk/tol/news/politics/article7144906.ece Quote Link to comment Share on other sites More sharing options...
Guest KingCharles1st Posted June 5, 2010 Share Posted June 5, 2010 June 23rd will be armageddon for so many people in the UK- probly me included if my contract doesn't get renewed after July 2nd. Only today I was talking to a friend in the public sector- just had to accept a 1200 quid p.a. pay cut. (And he's not a high earner by any stretch) Quote Link to comment Share on other sites More sharing options...
Northwest Smith Posted June 5, 2010 Share Posted June 5, 2010 Executing a Liberal Democrat pledge to axe child Is there no limit Quote Link to comment Share on other sites More sharing options...
okaycuckoo Posted June 5, 2010 Author Share Posted June 5, 2010 Is there no limit Lol! This forum is full of crazies who think axing children and the elderly is the only "way forward" for world population mumble mumble something or other. Quote Link to comment Share on other sites More sharing options...
Bookerman Posted June 6, 2010 Share Posted June 6, 2010 Is Nick on a collision course with what Dave is going for then? http://www.guardian.co.uk/politics/2010/jun/06/nick-clegg-cuts-coalition-cuts-thatcher Quote Link to comment Share on other sites More sharing options...
plummet expert Posted June 6, 2010 Share Posted June 6, 2010 Is Nick on a collision course with what Dave is going for then? http://www.guardian.co.uk/politics/2010/jun/06/nick-clegg-cuts-coalition-cuts-thatcher It is not possible to ignore our debts or it's bankruptcy. Unfortunately the cuts required to control it are so large it is almost certain to cause further recessionary times. Thanks Mr Brown. The pain is largely your making. Insufficient bank regulation, a boom and bust he said we would never have again (like yeah!), a pre crunch structural deficit of £60billion. Quote Link to comment Share on other sites More sharing options...
SarahBell Posted June 6, 2010 Share Posted June 6, 2010 Is Nick on a collision course with what Dave is going for then? They're playing good cop, bad cop. And so they should. Quote Link to comment Share on other sites More sharing options...
bear call spread Posted June 6, 2010 Share Posted June 6, 2010 June 23rd will be armageddon for so many people in the UK Good news, bring it on! Quote Link to comment Share on other sites More sharing options...
bendy Posted June 6, 2010 Share Posted June 6, 2010 “There were two levels of optimism in what the [Labour] government was forecasting,” Cameron said. “One was trampoline growth of 3% and above, and the second theory was that interest rates would always stay low. tick tock... Quote Link to comment Share on other sites More sharing options...
hilltop Posted June 6, 2010 Share Posted June 6, 2010 Is Nick on a collision course with what Dave is going for then? http://www.guardian.co.uk/politics/2010/jun/06/nick-clegg-cuts-coalition-cuts-thatcher Clegg is like a second division footballer who has taken the ball to within sight of the goal for the first time in his career...but then doesn't know what to do. He has had three weeks as Deputy Prime Minister and done nothing, said little. About as important as an American Vice President. (Can anyone say who that is, by the way?) Quote Link to comment Share on other sites More sharing options...
ralphmalph Posted June 6, 2010 Share Posted June 6, 2010 Clegg is like a second division footballer who has taken the ball to within sight of the goal for the first time in his career...but then doesn't know what to do. He has had three weeks as Deputy Prime Minister and done nothing, said little. About as important as an American Vice President. (Can anyone say who that is, by the way?) Joe "F'ing A" Biden Quote Link to comment Share on other sites More sharing options...
R K Posted June 6, 2010 Share Posted June 6, 2010 Executing a Liberal Democrat Quote Link to comment Share on other sites More sharing options...
yellerkat Posted June 6, 2010 Share Posted June 6, 2010 Clegg is like a second division footballer who has taken the ball to within sight of the goal for the first time in his career...but then doesn't know what to do. He has had three weeks as Deputy Prime Minister and done nothing, said little. About as important as an American Vice President. (Can anyone say who that is, by the way?) Front page of The Grauniad too subtle for you? Clegg vows no return to cuts of the Thatcher years Quote Link to comment Share on other sites More sharing options...
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