{"id":386686,"date":"2010-03-03T22:24:39","date_gmt":"2010-03-04T03:24:39","guid":{"rendered":"http:\/\/www.businessinsider.com\/proposed-uk-budget-cuts-point-to-post-election-austerity-measures-2010-3"},"modified":"2010-03-03T22:24:39","modified_gmt":"2010-03-04T03:24:39","slug":"proposed-uk-budget-leaks-and-points-to-brutal-post-election-slashing","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/386686","title":{"rendered":"Proposed UK Budget Leaks And Points To Brutal Post-Election Slashing"},"content":{"rendered":"

\"axe<\/p>\n

The Guardian<\/a> has the scoop on what the UK austerity budget might look like and it calls for 11 billion pounds ($16.6 billion) in cuts.<\/p>\n

The numbers coming from UK treasury officials point to senior civil service officials getting hammered 20%, marketing budgets getting crushed by 25%, and the National Health Service finding 10 billion pounds ($15 billion) in savings itself, according to The Guardian<\/a>.<\/p>\n

The leaked cut details may come as a result of increased pressure on the Labour Party leadership after the Pound’s plummet on March 1<\/a>, even though Business Secretary Peter Mandelson blamed that on HSBC<\/a> and the AIG – Prudential deal on March 3.<\/p>\n

According to The Sun’s daily poll, Labour lost a point<\/a> against the austere Conservatives in the last 24 hours.<\/p>\n

Join the conversation about this story »<\/a><\/p>\n

See Also:<\/b><\/p>\n