Lizzie Cocker

  • Britain: Cuts to 鈥榗ost 500,000 jobs鈥

    Economists warned on March 31 that the British government鈥檚 public-sector cuts will leave a shortfall of more than half a million jobs. The New Economics Foundation (NEF) also warned that nowhere in the budget or 鈥減lan for growth鈥 was there 鈥渁ny evidence that the business tax cuts, regulatory tweaks and relatively minor changes to public-sector investment that are promised will deliver major economic transformation鈥. Trade Union Congress general secretary Brendan Barber said the findings showed that 鈥渋n recent years, the market has become the master, not the servant, of society鈥.