Spending Review: Osborne wields the axe but Queen gets a pay rise
Chancellor George Osborne announced a wave of cost-cutting measures during yesterday's eagerly awaited Spending Review, which will aim to save the government around £11.5bn a year.
Heavy cuts to individual department budgets, in the region of 10%, were made to address the UK's growing debt burden. The private sector was hit with pay freezes and council budgets were cut across...
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