E-Briefing: Public Spending Cuts

thumbnail of e-briefing_PublicSpendingCuts_June2015The UK government has decided to cut a further £3bn from this year’s UK departmental budgets. The Scottish Government said the consequential cut to the 2015/16 Scottish budget was £176.8m, although the Treasury has reduced that number today to £107m. Scotland has already suffered an overall revenue budget cut of 9% and the capital budget has been cut by 25% since 2010.
The next stage of cuts will probably be confirmed in the emergency summer budget on 8 July. On current plans the UK government will slash a further £30bn, with big cuts in fiscal years 2016 and 2017, to stabilise in 2018 and rebound in 2019. The Barnett consequentials of this will depend on where they cut in England.

https://unison-scotland.org/wp-content/uploads/e-briefing_PublicSpendingCuts_June2015-1.pdf

Briefings