No one will escape the cuts, warns Cameron

http://www.timesonline.co.uk/tol/news/politics/article7145201.ece

summary:

David Cameron has announced one of the biggest cuts in government spending since world war II. He will take the whole country with him in a attempt to make up for the 156 billion deficit. While Cameron targeting welfare spending and the size of the State, Nick Clegg, the Deputy Prime Minister, has insisted that there would be no return to the “sink or swim” economics of the Thatcher era. From next April allot of people who make more than 150,000 pounds will have the tax relief on their pension contributions reduced significantly. Some people say this is a bad move because it will make it harder for the UK to attract "talent".

My opinion

I think that the changes that are being made in England are for the best, just as the rest of Europe England is in a financial crisis. Things are going to have to change to get England out of this very big dept that they have. David Cameron and Nick Clegg are making a big effort to get England out of the problems they have and they know they have to take a step back so they eventually can move forward.