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Cuts bloodbath must be resisted
A savage attack has been launched on working class people in Northern Ireland. The Comprehensive Spending Review announced by the Tory-Lib Dem Coalition government on October 20th represents around a 6.9% cut in public spending in the North over the next four years. This amounts to some £4 billion in revenue spending, and a 40% reduction in capital spending (on roads, hospitals and other public projects). A report, published on 13th October by PricewaterhouseCooper, estimated that 20,000 public sector jobs are under threat as a consequence of the Comprehensive Spending Review while a further 16,000 private sector jobs will be lost as a knock on effect.