[QODLink]
Inside Story
How to save the UK's economy
The UK finance minister has announced the biggest spending cuts in decades.
Last Modified: 21 Oct 2010 12:49 GMT

George Osborne, the UK's finance minister, has announced the biggest spending cuts in decade, saying these measures are the only way to bring the country from the brink.

The cuts, which will shape the course of the economy over the next four years, are the deepest since the early 1920s and follow the longest and deepest slump in output since World War Two. 

Economists are split between those who say the drastic action is needed and those who argue it will tip the UK back into recession.

So, will these cuts save the UK's economy? And were there any political motives?

Inside Story, with presenter Hoda Abdelhamid, discusses with Vanessa Rossi, a senior research fellow of the International Economics Programme at Chatham House, Iain Dale, a political commentator and author, and Mehdi Hasan, The New Statesman's senior political editor.

This episode of Inside Story aired from Wednesday, October 20, 2010.

Source:
Al Jazeera
Topics in this article
People
Country
Featured on Al Jazeera
An innovative rehabilitation programme offers Danish fighters in Syria an escape route and help without prosecution.
Street tension between radical Muslims and Holland's hard right rises, as Islamic State anxiety grows.
Take an immersive look at the challenges facing the war-torn country as US troops begin their withdrawal.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Featured
Referendum on Scottish independence is the first major election in the UK where 16 and 17-year olds get a vote.
Blogger critical of a lack of government transparency faces defamation lawsuit from Prime Minister Lee Hsien Loong.
Farmers worry about their future as buyers shun local produce and rivers show an elevated presence of heavy metals.
War-torn neighbour is an uncertain haven for refugees fleeing Pakistan's Balochistan, where locals seek independence.
NSA whistleblower Snowden and journalist Greenwald accuse Wellington of mass spying on New Zealanders.
join our mailing list