Austerity cuts will bite even harder in 2015 - Amelia Gentleman

With the new year looming in front of us, see snips from this article from the Guardian.

Four more years of austerity is “a price that works for our country”, Osborne said as he outlined his strategy. The Institute for Fiscal Studies responded by warning that “colossal” cuts to the state would take total government spending to its lowest level as a proportion of national income since before the second world war. By the end of the process, “the role and shape of the state will have changed beyond recognition”, the think tank said. So far, £35bn has been cut; the plan is to cut a further £55bn by 2019.

The Liberal Democrats say the Conservative policy is aimed at creating “a smaller state, with many more cuts to come”, giving Britain “austerity for ever”;

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