Britain is unveiling an austerity plan today including its largest public sector cuts since the Second World War. Over $128 billion in government spending will be slashed, along with at least 500,000 jobs. On the eve of the announcement, British unions held a large rally in central London. The head of Britain’s Trades Union Congress, Brendan Barber, denounced the cuts.
Brendan Barber: “These cuts will lose over a million jobs. And let’s be clear, this is not an economic necessity, but a political choice that they’re making.”