10 years of austerity: Eroding resilience in the North
Article
On 22nd June 2010, George Osborne, the Chancellor who would later coin the phrase ‘The Northern Powerhouse’, delivered his now infamous austerity budget with its programme of significant cuts in public spending. At the time, Osborne stressed that the pain would be shared: “we are all in this together” and the government would “protect the most vulnerable in our society”.
Ten years on, our analysis of the impacts of austerity shows how the North of England has been disproportionately affected by spending cuts, particularly those to local government. The North now faces one of the most serious social and economic crises in living memory, but austerity has significantly reduced the region’s resilience and in doing so, its capacity for recovery.
Related items
One year in: the government is making decent down payments for the years ahead
It’s fair to say it hasn’t been a straightforward first year for the government.Britons back local leaders with fiscal firepower
“Death and taxes,” they say, are life’s only certainties. But there’s a third - wherever taxes are controlled, power lies.Filling the funding gap: at what cost to Scotland’s public services?
Last week the Scottish government published its delayed Medium Term Financial Strategy (MTFS) which ‘provides the economic, funding and spending outlooks for the financial years 2025/26 to 2029/30’ and ‘the Government’s fiscal strategy to…