Austerity
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In economic policy, austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. There are three prim
Relationship between fiscal tightening (austerity) in eurozone countries with their GDP growth rate, 2008–12
David Cameron, Prime Minister of the United Kingdom, 2010–2016
Austerity protest in Athens, 2011
The United Kingdom government austerity programme was a fiscal policy that was adopted for a period in the early 21st century following the era of the Great Recession. Coalition and Conservative gover
Austerity
…United States — 1921, 1937, 1946, Omnibus Budget Reconciliation Act of 1993 United Kingdom — during and after the two World Wars, 1976–1979, 2011–2019, 2021–2024 Venezuela — 1989, 2016…
The first austerity period took place during the premierships of David Cameron (R) and Theresa May (L)
Green Party boards signalling opposition to cuts at the Save our NHS demonstration in Manchester in September 2013
Boris Johnson official portrait
Liz Truss official portrait 2