UK Civil Servants Face Potential Job Cuts as Chancellor Warns of Up to 10,000 Layoffs
25 March 2025 路 Uncategorized 路
Source: 路 https://technews.tw/2025/03/25/uk-plans-to-cut-10000-civil-servants/
Following President Trump's directive for large-scale layoffs among federal employees, Britain is also signaling potential cuts in welfare and public spending that could result in up to ten thousand civil service job losses.
According to reports from the BBC, The Independent, and other foreign media outlets, on March 26th, the UK Treasury will release a spring fiscal statement which may include plans for reducing social security expenditures and public expenses. Chancellor Rachel Reeves has confirmed intentions to cut down government employment by one hundred thousand with an aim of saving 拢2 billion annually and decreasing administrative budgets by fifteen percent before 2030.
Data from the UK National Statistics Office shows that as of December 2024, Britain's civil service workforce stands at half a million (including temporary staff).
Prime Minister Keir Starmer stated last week his intention to streamline 'bloated' government institutions and rid them of bureaucratic tendencies. The country also plans reforms on disability benefits with the goal of saving 拢5 billion by 2030.
With Britain's economy struggling in recent years due to high interest rates, lower-than-expected tax revenues, among other negative impacts, efforts are being made for fiscal austerity measures. Chancellor Reeves emphasized that under severe economic conditions, it is necessary to take financial responsibilities seriously.
In response to U.S. calls for Europe to increase military spending, the UK plans from 2027 onwards to raise its defense budget as a percentage of GDP from currently at 2.3% up to 2.5%, and then again in the following year to reach 2.6%. The ultimate goal could be raised further to three percent depending on future fiscal conditions.
(Translated with permission by MoneyDJ News; Image source: Unsplash)
According to reports from the BBC, The Independent, and other foreign media outlets, on March 26th, the UK Treasury will release a spring fiscal statement which may include plans for reducing social security expenditures and public expenses. Chancellor Rachel Reeves has confirmed intentions to cut down government employment by one hundred thousand with an aim of saving 拢2 billion annually and decreasing administrative budgets by fifteen percent before 2030.
Data from the UK National Statistics Office shows that as of December 2024, Britain's civil service workforce stands at half a million (including temporary staff).
Prime Minister Keir Starmer stated last week his intention to streamline 'bloated' government institutions and rid them of bureaucratic tendencies. The country also plans reforms on disability benefits with the goal of saving 拢5 billion by 2030.
With Britain's economy struggling in recent years due to high interest rates, lower-than-expected tax revenues, among other negative impacts, efforts are being made for fiscal austerity measures. Chancellor Reeves emphasized that under severe economic conditions, it is necessary to take financial responsibilities seriously.
In response to U.S. calls for Europe to increase military spending, the UK plans from 2027 onwards to raise its defense budget as a percentage of GDP from currently at 2.3% up to 2.5%, and then again in the following year to reach 2.6%. The ultimate goal could be raised further to three percent depending on future fiscal conditions.
(Translated with permission by MoneyDJ News; Image source: Unsplash)