• (UK) Chancellor George Osborne outlines £6.25bn cuts
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[url=http://uk.finance.yahoo.com/news/osborne-outlines-6-25bn-cuts-digilook-daa1a58cf7cb.html]Source[/url] [quote]LONDON (ShareCast) - The new coalition government will make cuts of £6.25bn to tackle Britain's £156bn debt with £500m "recycled" to improve the country's "growth potential." The chancellor George Osborne said there will be over £1bn savings in discretionary spending, including consultancy and travel costs, nearly £2bn from IT programmes, suppliers and property and over £700m from civil service recruitment and quangos. Child Trust Fund payments will be scaled back from August and stopped from January 1, saving £320m. Savings of £20m from this will be redirected to respite care for severely disabled children. Schools, Sure Start and spending on education for 16-19 year-olds will be protected. As expected, education, health and defence will also be protected from the cuts. "This is the first time this government has announced difficult decisions on government spending. It will not be the last. We do this not for its own sake but to improve the quality of people's lives and build a better future. We inherited an economic mess but we'll come out of it stronger," said Osborne. The majority of the savings will be used to pay down the debt but £500m will be reinvested in Further Education colleges, apprenticeships and social housing. On a departmental level, there will be £836m of savings in Business, £780m at Communities and Local Government and £683m at the Department for Transport. Devolved administrations in Scotland, Wales and Northern Ireland would have to save £704m but have the option of deferring until the following year. Lib Dem Treasury minister David Laws said: "These are only the first steps we'll need to take in order to put our public finances back in shape." "The years of public sector plenty are over. The more decisively we act, the more quickly we can come through these tough times." The government also said it will make £1.165bn of savings in Local Government by reducing grants to Local Authorities to reflect their contribution to the £6.2bn. The Government will also remove the ringfences around over £1.7bn of grants to local authorities in 2010-11. Laws also said savings of at least a third will be made on the £45m expenditure on government travel costs. Ministers will be encouraged to walk, use public transport and pool cars. Laws and Tory Cabinet Office minister Francis Maude will chair a new group to oversee the implementation of the savings announced today. Savings - £1.15bn in discretionary cuts like consultancy and travel costs - £95m savings in IT spending - £1.7bn from delaying and stopping contracts and projects. - £170m from reductions in property costs - at least £120m from civil service recruitment freeze for the rest of 2010-11 - £600m from quangos - £520m by reducing other lower value spend. - £320m, Child Trust Fund axed Department Savings - Department for Education, £670m - Department for Transport, £683m - Communities and Local Government, £780m - CLG Local Government, £405m - Business Innovation and Skills, £836m - Home Office, £367m - Ministry of Justice, £325m - Law Officers' Departments, £18m - Foreign and Commonwealth Office, £55m - Department for Energy and Climate Change, £85m - Department for Environment Food and Rural Affairs, £162m - Department for Culture Media and Sport, £88m* - Department for Work and Pensions, £535m - Chancellor's Departments, £451m (inc. £320m from Child Trust Fund) - Cabinet Office, £79m - Devolved Administrations, £704m[/quote]
Getting into university is getting harder and harder every week :( [editline]01:06PM[/editline] [quote=BBC]The cuts in university expansion come at a time of unprecedented demand for places - up 16.5% on last year - with the prospect of tens of thousands of applicants missing out on places this summer.[/quote]
[QUOTE=BAZ;22142635]Getting into university is getting harder and harder every week :( [editline]01:06PM[/editline][/QUOTE] How do they determine who's going to get into Uni and who isn't? Those with higher grades?
[QUOTE=First 10'er;22142666]How do they determine who's going to get into Uni and who isn't? Those with higher grades?[/QUOTE] Well, you get a grade offer from your predicted and you have to meet them. There used to be some slack however, if you missed your offer by a grade or two they'll still let you in, but not anymore.
well that's dumb [editline]12:12PM[/editline] but i guess it works
if legalized, the cannabis industry could have this money in no time.
[QUOTE=decilling;22142756]if legalized, the cannabis industry could have this money in no time.[/QUOTE] I read that the lib dems were actually going to legalize it (with certain restrictions).
[QUOTE=M23;22142776]I read that the lib dems were actually going to legalize it (with certain restrictions).[/QUOTE] they said that they would reform the laws as to allow personal use in or on your own property, able to grow on your land legally, and medicinal availability. They did not say legalizing, but reducing it back to class C. I have no idea if they are still doing this what with a hung parliment and everything. [QUOTE]Break the links between cannabis use and organised crime and release police resources for higher priority tasks by: Retaining the classification of cannabis as a Class C drug, in line with the recommendations of the Advisory Council on the Misuse of Drugs (ACMD), which the Government ignored. [B]Adopting a policy of not prosecuting possession for own use, social supply to adults or cultivation of cannabis plants for own use.[/B] [B]Repealing Sections 8 (c) and (d) of the Misuse of Drugs Act so that it is no longer a crime for the occupier or manager of premises to permit someone to use cannabis on those premises.[/B] Permitting medical use of cannabis derivatives, subject to appropriate pharmaceutical controls and the successful conclusion of current clinical trials. In the longer term, seeking to put the supply of cannabis on a legal, regulated basis, subject to securing necessary renegotiation of the UN Conventions. The Global Cannabis Commission report of September 2008, published as part of the 2009 UN drug policy review supports a policy of regulated availability to minimise the harms associated with cannabis abuse, adding that much of this harm is a result of prohibition itself.[/QUOTE] HNNG
Ugh, I hate the conservatives and their need to constantly cut public services... but comparing Britain's debt to most other European countries, perhaps this time they have to...
[QUOTE=decilling;22142808]they said that they would reform the laws as to allow personal use in or on your own property, able to grow on your land legally, and medicinal availability. They did not say legalizing, but reducing it back to class C. I have no idea if they are still doing this what with a hung parliment and everything. HNNG[/QUOTE] Sounds good. A lot of people would still be quite reluctant though if it were a class C.
[QUOTE=BAZ;22142635]Getting into university is getting harder and harder every week :( [editline]01:06PM[/editline][/QUOTE] And when you do graduate you're in debt for the next few years. And good luck finding a job... Look forward to it, it's fun.
[QUOTE=Athelus;22142945]And when you do graduate you're in debt for the next few years. And good luck finding a job... Look forward to it, it's fun.[/QUOTE] So people tell me, it doesn't bother me. It's going to be a great experience and I'm going to be doing a subject I love.
[QUOTE=BAZ;22143023]So people tell me, it doesn't bother me. It's going to be a great experience and I'm going to be doing a subject I love.[/QUOTE] I'm from offshore territory so i have to pay the foreign student fee too... it sucks... Also, where are you going to go?
Birmingham uni, to do computer science.
Urgh. University is hard enough to get into now-a-days without this bullshit Conservative government making it worse. I know cuts have to be made, but the point still stands that it is universities that churn out the economy-driving people and so limiting them should always be greatly scrutinised. I wouldn't be surprised if fees are increased soon, because we all know how much them Conservatives like to keep the upper-class kids in the highest positions, right? [QUOTE=Athelus;22142945]And good luck finding a job...[/QUOTE] It's easier to find a job with a history degree behind you.
[QUOTE=decilling;22142756]if legalized, the cannabis industry could have this money in no time.[/QUOTE] No silly everyone will grow it in their back gardens so the tobacco companies don't make any money off it obviously :downs:
[QUOTE=lazyguy;22144659]No silly everyone will grow it in their back gardens so the tobacco companies don't make any money off it obviously :downs:[/QUOTE] It would be a cottage industry, people competing for the best cannabis and extracts, and besides the gov would control all the medicinal cannabis giving them a huge source of money. :downs: whore you can grow weed at the price of a few pounds sterling for an ounce of weed and tax the hell out of it. This drug literally does grow in the ground you know. street price of an ounce is about 150 here
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