BBC video reports on rapid government deepening austerity in UK.

by LFM

UK Prime Minister David Cameron, announced widespread cuts in military:
http://www.bbc.co.uk/news/uk-politics-11577306
http://www.bbc.co.uk/news/uk-11578747

George Osborne Chancellor of Exchequer prepares for slash and burn of UK public services to be announced Wednesday October 20th:
http://www.bbc.co.uk/news/uk-politics-11579979

Governor of Bank of England, Mervyn King, tonight, at a meeting in England, on the eve of the announcements of the spending review says UK is to have a sober decade, with video of his speech on BBC and he warns of a global 1930s style collapse:

http://www.bbc.co.uk/news/business-11579799
http://www.bbc.co.uk/news/business-11580674

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