Spending cuts unveiled

24 May 2010

george osborne

Chancellor of the Exchequer George Osborne (pictured) has announced the Treasury’s plans to make £6.2bn of spending cuts in 2010-11.

£500 million of the £6.2bn saved will be used to reinvest in further education, apprenticeships and social housing. 

In response to the announcement, Shelter chief executive Campbell Robb said: 

‘The Government has clearly recognised the fundamental importance of housing in creating growth and building a fairer society through its commitment to protect vital social housing investment.  

‘Whilst we recognise all Government departments must make cuts to their overall budget, in this time of economic uncertainty now would be the very worst time to end support for the most vulnerable people in our society. 

‘That’s why the Government must urgently reconfirm funding for homeowner support schemes and homelessness advice which is helping hundreds of thousands of people to keep a roof over their head. 

‘We want to work with Government departments to highlight the services that are making the most difference to people in housing need to ensure their future protection and continued delivery.’ 

See more details of the Treasury announcement 

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