Original URL: https://www.theregister.co.uk/2010/10/20/osbourne_csr_defecit/

Osborne details painful cuts for UK

Gideon publishes his Bible

By Christopher Williams

Posted in Policy, 20th October 2010 12:41 GMT

After months of phoney war, George Osborne has detailed the coalition's battle plan to beat Britain's £109bn deficit, confirming hundreds of thousands of casualties across the public sector.

The Chancellor also announced sweeping reforms to the welfare system, saying "fairness" is the government's guiding principle.

Osborne announced:

"The decisions we have taken today bring sanity to our public finances," said Osborne.

"We've taken our country back from the brink of bankruptcy."

The average savings in departmental budgets will be 19 per cent, lower than the 25 per cent anticipated in June's emergency budget.

The full Spending Review is here. ®