World News Insights
1-3 Minute Gist

All Topics Article

Britain'€™s Austerity Overdose

New York Times Original article ›

Keywords:

LyrArc Article Gist
New York Yimes editorial calls the Conservative party coalition government's austerity budget (the plan to cut 500,000 public sector jobs and terminate unemployment benefits after 12 months), as a gamble on an improbable theory that the private sector can make up for $130 billion in cuts. The editorial says these budget cuts could suffocate a feeble recovery.

Britain's perilous path with austerity cuts, inflation and lower economic growth- 2011-2015

06/22/2010

Grouped Articles

The economy: On a wing and a credit card

Economist 07/08/2013

U.K. Moves To Tackle Income Squeeze

Wall Street Journal 08/20/2013

The Curious Case of Britain's Economic Recovery

Wall Street Journal 10/21/2013

U.K. Politicians Vie to Address Fall in Living Standards

Wall Street Journal 11/18/2013

U.K. Government Prepares For Deep Budget Cuts

Wall Street Journal 06/22/2010

British Towns and Institutions Reel From First Austerity Cuts

New York Times 08/09/2010

Strikes and labor protest in Britain over austerity measures 2011-2012

08/14/2010

Grouped Articles

U.K.'s Labour Party Moves Back Toward Socialist Ideas

Wall Street Journal 09/25/2013

U.K. Politicians Vie to Address Fall in Living Standards

Wall Street Journal 11/18/2013

Radical Britain: The unlikely revolutionary

Economist 08/14/2010

Universities in Britain Brace for Cuts in Subsidies

New York Times 10/15/2010

Britain Details Radical Spending Cuts, Citing Debt

New York Times 10/20/2010

British Fashion Victims

New York Times 10/21/2010

Britain's new 2010 Budget marks a big change from the past.

05/13/2010

The UK Chancellor of the Exchequer, George Osborne, put forward a budget with a 25% spending cut by 2015 in all departments except health and international aid. This marks a huge departure in years of spending by the Labor governments. The new Conservative-Liberal coalition government is determined to take austerity measures to reduce the national debt.

Grouped Articles

Britain's accidental revolution

Economist 05/13/2010

U-Turn in the U.K.: Big Spending Cuts

Wall Street Journal 10/14/2010

Britain Details Radical Spending Cuts, Citing Debt

New York Times 10/20/2010

U.K. Plans New Taxes on Banks, Multinationals

Wall Street Journal 12/04/2014

Tough Slog to Balancing U.K.’s Budget

Wall Street Journal 12/04/2014

Overheard: Digging for Answers on Coal

Wall Street Journal 03/29/2015


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us