Britain slashes welfare spending by £12bn in new austerity drive
Finance Minister George Osborne
London - Arab Today
Britain will cut spending on welfare by £12 billion ($18.5 billion, 17 billion euros) in a fresh austerity drive, finance minister George Osborne announced Wednesday as he delivered the government's post-election budget.
Chancellor of the Exchequer Osborne told parliament that the Conservative government had found "savings of £12 billion from welfare" as part of wider cuts totalling £37 billion that will come in part from clawing back tax evasion and by reducing departmental budgets over the next five years.
- Wednesday ,12 December GMT 08:26 2018 Australian government discusses moving Israel embassy to Jerusalem
GMT 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen linksGMT 09:32 2018 Wednesday ,12 December
Huawei CFO gets bail; China detains ex-Canadian diplomatGMT 09:24 2018 Wednesday ,12 December
LuLu supports KFUPM Rectors Cup marathonGMT 09:12 2018 Wednesday ,12 December
Ford trains 1,600 motorists in Mideast, Africa in 2018GMT 09:00 2018 Wednesday ,12 December
May tours Europe in desperate bid to save Brexit dealGMT 08:26 2018 Wednesday ,12 December
Australian government discusses moving Israel embassy to JerusalemGMT 10:32 2018 Tuesday ,11 December
Trump’s troubled White House in search of new chief of staffGMT 10:03 2018 Monday ,10 December
23 Palestinians arrested in West BankRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 05:28 2024 Wednesday ,07 February
Future Brazil gov to 'dissociate' itself from UN migration compact
GMT 17:01 2017 Monday ,23 October
Tillerson arrives in Kabul in unannounced visitGMT 17:03 2013 Tuesday ,05 March
South Atlantic mystery: The Falkland Islands wolf
GMT 13:27 2018 Thursday ,13 September
Rosneft vows to continue defending shareholders' interests, especially from sanctions
GMT 19:43 2016 Thursday ,14 April
Nepal's Juju Bhai pierces tongue for 8th consecutive year to uphold traditionGMT 11:32 2011 Monday ,01 August
Tropical Storm Eugene gets stronger
GMT 11:06 2014 Monday ,26 May
Chicken tikka with spiced rice
GMT 21:26 2017 Wednesday ,29 March
Qassam Brigades: Israel will pay for crime of killing Mazen FuqhaGMT 19:52 2011 Sunday ,14 August
Bollywood actor Shammi dead
GMT 15:25 2018 Thursday ,11 January
US task force to probe Hezbollah 'narcoterror'
GMT 09:47 2018 Tuesday ,09 January
German-Russian man admits to Dortmund team bus bombing
GMT 16:58 2018 Monday ,01 January
China factory growth eases as pollution measures bite
GMT 06:36 2017 Thursday ,17 August
Ibiza struggles to house locals
GMT 15:29 2017 Tuesday ,24 January
Mind games really do help your brain
GMT 15:19 2015 Tuesday ,06 January
‘Alone in Boca Raton’ exploits of Mexican immigrant
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor