Government makes £9bn of cuts, and it's only the start!
The government has started to wield its axe and has cancelled 12 projects worth more than £2bn and put on the back burner a further £5bn of expenditure agreed to by the previous Labour government since the start of 2010.
Looks like one of new government’s cuts will be the suspension of the new Search and Rescue Helicopter’s Project in attempt to save £4.6bn. Still at least it has been suspended rather than cancelled!
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