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The first austerity period took place during the premierships of David Cameron (R) and Theresa May (L) A UK government budget surplus in 2001-2 was followed by many years of budget deficit, [16] and following the 2008 financial crisis, a period of economic recession began in the country. The first austerity measures were introduced in late 2008 ...
The anti-austerity movement in the United Kingdom saw major demonstrations throughout the 2010s in response to Conservative-Liberal Democrat coalition government's austerity measures which saw significant reductions in local council budgets, increasing of university tuition fees and reduction of public spending on welfare, education, health and policing, among others.
Austerity in the United Kingdom (1939–1954) (1 C, 13 P) A. ... Independent Alliance (UK) L. 2011 London anti-cuts protest; U. 2010 United Kingdom student protests
UK Government bonds – also known as gilts – continued to see yields rise, with 10-year gilts remaining at the highest level since 2008, up four basis points at 4.89%.
LONDON (AP) — A report says the British government will have to spend an extra 19 billion pounds ($25 billion) a year on public services by the year 2022-23 if it's to deliver on Prime Minister ...
Following the financial crisis of 2007–2008 a period of economic recession began in the UK. The austerity programme was initiated in 2010 by the Conservative and Liberal Democrat coalition government, despite some opposition from the academic community. [79] In his June 2010 budget speech, the Chancellor George Osborne identified two goals ...
One such example is Bloomsbury Fightback!, which is a group of radical students and workers in Bloomsbury, London, centred on the Bloomsbury Colleges in the University of London and focusing on organising around education and employment issues, of which many are the result of the austerity measures. The group UK Uncut is one outgrowth of the ...
Reasearch finds premature birth rates increased by around 25 per cent in most deprived areas