From the TUC

Cuts Watch #1: Coalition Agreement cuts

20 May 2010, by in Cuts Watch

In addition to its top line commitments to significantly accelerate the speed to deficit reduction ‘with the main burden of deficit reduction borne by reduced spending rather than increased taxes’ the Coalition Agreement gives us some new information on future cuts. These are:

In addition, existing commitments to cut Child Trust Funds and Child Tax Credits for ‘high earners’ (the threshold is not yet defined) have been re-stated.