Austerity has cost the UK £3500 for every household New Statesman If you buy those two basic assumptions, Taylor writes, then you can start to work backwards from the observed effects of austerity in other countries to build up the counter-factual.
Tony Wilson, policy director at the Centre for Economic and Social Inclusion, reports that the Work Programme, the controversial government scheme which pays outsourcing firms to get long-term unemployed people back in work, has come in £225m under budget.
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