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Hard-hit British heartland braces for cuts
Sheffield remembers its steel glory as government spending cuts loom over Britain’s industrial belt. Philip Wright and Doreen Treweek reflect on past decline and current efforts to reinvent Sheffield with high tech and services while forecasts warn of up to 25 percent cuts in four years. Anxious economists warn rapid reductions risk another recession as Osborne prepares more than 80 billion pounds in planned cuts amid a eurozone debt crisis.
MENTIONED IN THIS ARTICLE
Sheffield
England
Philip Wright
Wright
Margaret Thatcher
Thatcher
Maggie Thatcher
Doreen Treweek
Britain
Treasury
George Osborne
David Cameron
Cameron
Conservative Party
Hun
OECD
U.S