[Omah]

CHANCELLOR GEORGE OSBORNE

People know that promises of quick fixes and more spending this country can't afford, at times like this, are like the promises of a quack doctor selling a miracle cure.

GOVERNMENT BORROWING
Extra £111bn in borrowing over five years

PUBLIC SECTOR PAY AND PENSIONS
1% cap on public sector pay rises for two years after the end of current freeze next year

What we offer is a government that has a plan to deal with our nation's debts to keep rates low; a government determined to support businesses and support jobs.

BUSINESS AND JOBS
OBR forecast of total public sector job losses up from 400,000 to 710,000

Credit easing programme to underwrite up to £40bn in low-interest loans to small and medium-sized firms

£1bn business finance partnership to raise money for medium-sized firms

Regional Growth regeneration fund to get £1bn in extra funding

£250m support package for energy-intensive firms, £500m for science

OBR forecast of total public sector job losses up from 400,000 to 710,000

£1bn "youth contract" to subsidise six-month work placements for 410,000 young people

HOUSING

£400m scheme to kick-start stalled construction projects in England

INFRASTRUCTURE SPENDING
£5bn new spending over three years, including £1bn for the rail network

Go-ahead for 35 road and rail projects across England

Aim to unlock a further £20bn in investment from pension funds.


It seems to me that the Government is on a spending spree, giving billions to the bosses of business and industry while putting a million workers an the dole and replacing them with slave labour, funding the whole lot by printing more money and plundering pension funds .....