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British government announces unprecedented social cuts By Ann Talbot 21 Oct 2010 The Conservative-Liberal Democrat government’s autumn spending review has introduced the most savage package of public spending cuts ever seen in Britain. Half a million public-sector jobs will be lost as £83 billion, or $128 billion, is cut from the budget. Another half million private-sector jobs will go as a result... The government claimed that its cuts package would be "fair" and that the burden would be shared by all sections of society. In fact, early calculations based on Treasury figures indicate that the poorest 10 percent of society will be hit hardest by the spending review.