Spending Review 2010: Key points at-a-glance
Chancellor George Osborne has announced the government's four-year Spending Review to Parliament, revealing some of the deepest cuts in public spending in decades.
The key announcements:- Average 19% four-year cut in departmental budgets
- Structural deficit to be eliminated by 2015
- £7bn in additional welfare budget cuts
- Police funding cut by 4% a year
- Retirement age to rise from 65 to 66 by 2020
- English schools budget protected; £2bn extra for social care
- NHS budget in England to rise every year until 2015
- Regulated rail fares to rise 3% above inflation
- Bank levy to be made permanent
To read the whole article link to the BBC: http://www.bbc.co.uk/news/uk-politics-11591881
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