Britain Budget Deficit
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Moody's Downgrades UK Rating On Brexit, Economic Growth Fears
Britain has worked down its budget deficit from about 10 per cent of economic output in 2010, shortly after the global financial crisis hammered the country, to 2.3 per cent.
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Not Deaf To Voter Weariness On Spending Cuts: UK's Finance Mininster Philip Hammond
British finance minister Philip Hammond said he was 'not deaf' to signs of weariness among voters about the country's near decade-long grip on public spending which has come under renewed criticism after a deadly fire in a London tower block.
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Britain lays off 4,400 soldiers as army downsizes
Britain laid off more 4,400 soldiers on Tuesday in a third wave of military job cuts intended to help tackle a budget deficit, the Ministry of Defence said.
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Gurkha regiment in Britain to become history?
World-famous Gurkha regiment, part of the British army for almost 200 years, may be among those axed unless the Ministry of Defence's demands for more money to fund the replacement of Trident nuclear missile submarines are answered.Last night, hopes for extra funding were fading as Chief Secretary to the Treasury Danny Alexander rejected demands fo...
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David Cameron's first act: Pay cut for ministers
As Britain's new government under Conservative leader David Cameron on Thursday contemplated a slew of measures to deal with the disastrous budget deficit.
-
Moody's Downgrades UK Rating On Brexit, Economic Growth Fears
Britain has worked down its budget deficit from about 10 per cent of economic output in 2010, shortly after the global financial crisis hammered the country, to 2.3 per cent.
-
Not Deaf To Voter Weariness On Spending Cuts: UK's Finance Mininster Philip Hammond
British finance minister Philip Hammond said he was 'not deaf' to signs of weariness among voters about the country's near decade-long grip on public spending which has come under renewed criticism after a deadly fire in a London tower block.
-
Britain lays off 4,400 soldiers as army downsizes
Britain laid off more 4,400 soldiers on Tuesday in a third wave of military job cuts intended to help tackle a budget deficit, the Ministry of Defence said.
-
Gurkha regiment in Britain to become history?
World-famous Gurkha regiment, part of the British army for almost 200 years, may be among those axed unless the Ministry of Defence's demands for more money to fund the replacement of Trident nuclear missile submarines are answered.Last night, hopes for extra funding were fading as Chief Secretary to the Treasury Danny Alexander rejected demands fo...
-
David Cameron's first act: Pay cut for ministers
As Britain's new government under Conservative leader David Cameron on Thursday contemplated a slew of measures to deal with the disastrous budget deficit.
