Wednesday 22 May 2019 ,
Wednesday 22 May 2019 ,
Latest News
  • Eid advance train ticket sale begins
  • Book burden too heavy for primary students
  • 6 killed in Indonesia clash over polls result
  • Govt, farmers in a fix over low paddy price
  • Demand of housemaid services soars in Ramadan
14 March, 2016 00:00 00 AM
Print

British finance minister flags budget cuts

AFP

AFP, LONDON: British finance minister George Osborne warned Sunday of further spending cuts to come in the government budget to be unveiled this week.
The chancellor of the exchequer said he needed to find savings by 2020 equivalent to 50 pence in every £100 the government spends.
“The world is a more uncertain place than at any time since the financial crisis and we need to act now so we don’t pay later,” he told BBC television.
“That’s why I need to find additional savings equivalent to 50 pence in every £100 the government spends by the end of the decade because we have got to live within our means to stay secure and that’s the way we make Britain fit for the future.”
But he said the cuts are “not a huge amount in the scheme of things”.
Osborne had slowed the pace of austerity cuts in his last spending review in November but has now clearly signalled fresh reductions are on the cards in Wednesday’s budget.
Official figures out last month showed that Britain’s economy slowed sharply last year.

Comments

Poll
Today's Question »
State minister for power Nasrul Hamid yesterday said everyone to have access to electricity by June. Do you think the feat achievable by the timeframe?
 Yes
 No
 No Comment
Yes 50.6%
No 45.6%
No Comment 3.9%
Most Viewed
Digital Edition
Archive
SunMonTueWedThuFri Sat
01020304
05060708091011
12131415161718
19202122232425
262728293031

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting