Lazada Philippines aff_i?offer_id=3127&file_id=94990&aff_id=150634 - Austerity in Britain to continue beyond 2020: think-tank - World Daily News

normal_post - Austerity in Britain to continue beyond 2020: think-tank - World Daily News Author Topic: Austerity in Britain to continue beyond 2020: think-tank  (Read 152 times)

MIKELIGALIG.com

  • FOUNDER
  • Webmaster
  • *****
  • avatar_1382_1499847132 - Austerity in Britain to continue beyond 2020: think-tank - World Daily News
  • Posts: 22452
  • medal1 - Austerity in Britain to continue beyond 2020: think-tank - World Daily Newsmedal2 - Austerity in Britain to continue beyond 2020: think-tank - World Daily Newsmedal3 - Austerity in Britain to continue beyond 2020: think-tank - World Daily News
  • NEED A WEBSITE? 09206301130 | info@mikeligalig.com
    • Share Post
xx - Austerity in Britain to continue beyond 2020: think-tank - World Daily News
Austerity in Britain to continue beyond 2020: think-tank
« on: March 10, 2017, 09:25:38 PM »
Austerity in Britain to continue beyond 2020: think-tank

LONDON, March 10 (PNA/Xinhua) -- The financial crisis and its aftermath has led British government since 2010 to cut government spending, and in the wake of the government's budget on Wednesday further reductions in spending beyond 2020 are inevitable, according to an economic think-tank.

"It looks like being a third parliament of austerity," Paul Johnson, Institute for Fiscal Studies (IFS) director, said in a post-budget briefing in London on Thursday afternoon.

The government budget is based on Office of Budget Responsibility (OBR) figures, whose director Richard Chote on Wednesday announced the biggest ever revision to forecasts between autumn and spring, revising down its expectations for government borrowing in this financial year from 68 billion pounds (82.8 billion U.S. dollars) to 52 billion pounds.

Johnson commented on Thursday that the forecasts for the next four financial years beyond 2016/17 told a different story.

They were almost exactly the same at this spring budget by Chancellor of the Exchequer Philip Hammond as they were in his autumn financial statement in November. Government borrowing continues to fall over this period but at no faster rate, and from the same levels as forecast in November. In other words, the strong positive move downwards for government borrowing in 2016/17 is not a permanent structural change but a temporary one which will not be repeated. (PNA/Xinhua)

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=86196.0
Romans 10:9-10
"If you declare with your mouth, Jesus is Lord, and believe in your heart that God raised him from the dead, you will be saved. For it is with your heart that you believe and are justified, and it is with your mouth that you profess your faith and are saved."

personal015320100 - Austerity in Britain to continue beyond 2020: think-tank - World Daily News

pCloud Premium


Share via facebook Share via linkedin Share via pinterest Share via tumblr Share via twitter

 

Booking.com

Latest Topics

the road to riches by balong
[Today at 07:21:03 AM]


Renaissance Chapter of Philippine Sports by MIKELIGALIG.com
[Yesterday at 10:37:07 PM]


Don Emilio del Valle Memorial Hospital (DEDVMH) by fdaray
[Yesterday at 10:52:09 AM]


Salmo 91 Bisaya Cebuano by MIKELIGALIG.com
[February 22, 2018, 07:14:05 AM]


Great Medical Advice by islander
[February 22, 2018, 12:42:22 AM]


standing room only by balong
[February 21, 2018, 05:21:36 AM]


coke addicts by balong
[February 21, 2018, 05:17:03 AM]


Si Hubag Og Si Bugsay Sa Karaoke Bar by hubag bohol
[February 21, 2018, 03:23:37 AM]


How to live a normal life with an affectionate cat by hubag bohol
[February 21, 2018, 03:20:56 AM]


The Fourth Ape by hubag bohol
[February 21, 2018, 03:16:11 AM]

SMF spam blocked by CleanTalk
pCloud Premium
Powered by SMFPacks SEO Pro Mod | Sitemap
Mobile View
SimplePortal 2.3.7 © 2008-2018, SimplePortal