UK Spending Review 2013

“From now on, if (benefits) claimants don’t speak English, they will have to attend language courses until they do…” George Osborne

_45061352_osborne_512_bbcToday the Chancellor announced plans for Government spending up until 2017. When Labour left office in 2010 they had racked up a debt worth over £22,000 for every child born; and next year the repayments on debt interest alone will become the 3rd largest Government department. We will spending more on repaying debts than educating our children, protecting our troops, re-building our dilapidated transport network or the vital work that our police do. It is simply unsustainable and unfair on our children to saddle them with this debt.

This Spending Round sets out how we will secure the recovery. The choices are difficult, and there is no easy route out of a mess as big as the one Labour created. There will be over £300 billion in capital spending guaranteed over the next decade, while the departmental settlements announced today will reduce current spending by £11.5 billion in 2015-16.

“Per household £32,600 is currently brought in tax, £37,500 is then spent on services. Imagine if this was your income & spend – it is simply unsustainable.” Cllr Toby Elliott

Every decision we have taken is based on three principles: delivering reform, prioritising growth and ensuring fairness.

  1. Through reform, we are determined to get more from every pound we spend.
  2. To deliver growth, we are investing in education, enterprise and economic infrastructure we need so that we can win the global race. We know that Government spending alone cannot create growth. Enterprise does. We need to provide the schools, science, transport links and reliable energy that enable business to grow.
  3. To ensure fairness, we are making sure that those with the broadest shoulders bear the greatest burden. We are also reforming welfare so that it is fair to both those who need it and those who pay for it.

The decisions we take are not easy, and we know that times are difficult. But with today’s Spending Round, we make more progress towards an economy that prospers, a state we can afford, a deficit coming down and a Britain that is on the rise.

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