Government is on course to rebalance its finances by 2015/2016 – but cuts and reforms to government and public services will be needed to achieve it.
The Treasury Minister is presenting this year’s Budget to Tynwald today, with a plan of finding £25 million of real term savings.
Among the measures outlined for the next year is a reduction in net spending of £4.3 million and cutting 153 government posts.
Total spending on benefits will rise by £6 million and there will be a £3.9 million rise in health and social care funding.
Eddie Teare says there's a lot to be done:
Northern bus services to be raised in Keys
Ben out of service for maintenance work this week
Richmond Hill closed again tonight for work
October warmer and sunnier than usual, says Met Office
MHK queries cost of Liverpool awards trip
DOI says it has 20 empty public sector homes
Marquee plan submitted by Milntown Estate
Fire crews called to free driver from crashed car
Comments
Add a comment