Danny Alexander reveals 500,000 job cuts in document gaffe…(The Next Riots!)

Wednesday, October 20, 2010
By Paul Martin

Half a million public sector workers are to lose their jobs as a result of the comprehensive review of government spending, official documents have disclosed.

By Robert Winnett and Andrew Porter
TelegraphUK
19 Oct 2010

Danny Alexander, the Chief Secretary to the Treasury, unwittingly disclosed the full scale of the expected redundancies when he was photographed yesterday reading confidential briefing papers.

The documents showed that the independent Office for Budget Responsibility is likely to forecast 500,000 public sector workers will lose their jobs because of the cuts, the biggest in public spending since the Second World War.

Tens of thousands of officials in departments across Whitehall will be offered redundancy in the coming weeks under Coalition plans to cut more than £80  billion in public spending over the next four years.

Public sector workers will also have a two-year pay freeze and be told that they face increased pension contributions from next year.

George Osborne, the Chancellor, will announce the outcome of the Government’s Comprehensive Spending Review today. The document will set out plans to cut public spending over the next four years to reduce the black hole in the state finances. But experts have warned that further tax rises may still be needed because the cuts may not be enough.

The Rest…HERE

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