CSR spells public and private sector pain - The impact of Osborne's cuts will be felt well beyond the state sector

摘要

When chancellor George Osborne put half a million public sector jobs on the line in his Comprehensive Spending Review (CSR), he was betting the farm on a recovery. As a by-product of deficit reduction, the biggest round of cuts since the Second World War is also intended to leave the UK with a smaller state apparatus and disencumber the private sector from excessive bureaucracy. In short, it is intended to create the kind of environment in which half a million unemployed ex-public sector workers can find jobs in business.