George Edward Peter Thorneycroft1958
Proposes massive public expenditure cuts
Great Britain · Government / Conservative Party Government. Chronological records rendered directly from the World History Database.
Proposes massive public expenditure cuts
Backs further restraint in public expenditure during the autumn statement.
Decides to make cuts in mid financial year because of the higher than expected PSBR
After the election it is forecast that the PSBR will be overrun by œ3 billion
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