UK: changing politics of crisis management
This chapter shows how the UK tackled the crisis. The UK was affected early and implemented a post-crisis stimulus package quickly. But from 2010, with a new government, austerity was the watchword, with cuts in social security expenditures prioritized over tax increases. Spending on education and h...
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| Other Authors: | |
| Format: | Book section |
| Language: | English |
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Oxford University Press
2019
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| _version_ | 1797059229555621888 |
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| author | Bennett, F |
| author2 | Ólafsson, S |
| author_facet | Ólafsson, S Bennett, F |
| author_sort | Bennett, F |
| collection | OXFORD |
| description | This chapter shows how the UK tackled the crisis. The UK was affected early
and implemented a post-crisis stimulus package quickly. But from 2010, with a
new government, austerity was the watchword, with cuts in social security
expenditures prioritized over tax increases. Spending on education and health
was shielded, as were old-age pensioners’ benefits, but those of families with
children were reduced. From 2015 a Conservative majority government
continued on a similar path, though also implementing tax cuts and a higher
minimum wage. Under the new Prime Minister, the aim of balancing the public
finances was postponed. Initially the pain of the crisis was shared more broadly.
But financial hardship increased after 2012, especially for lone parents and
disabled people, and benefit cuts affected women in particular. Whilst
employment has increased, recovery has been slow. It seems unlikely positive
welfare state developments can be expected in the near future. |
| first_indexed | 2024-03-06T20:01:12Z |
| format | Book section |
| id | oxford-uuid:27598456-9f27-48c4-850d-3bc03162e89c |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-06T20:01:12Z |
| publishDate | 2019 |
| publisher | Oxford University Press |
| record_format | dspace |
| spelling | oxford-uuid:27598456-9f27-48c4-850d-3bc03162e89c2022-03-26T12:06:34ZUK: changing politics of crisis managementBook sectionhttp://purl.org/coar/resource_type/c_1843uuid:27598456-9f27-48c4-850d-3bc03162e89cEnglishSymplectic ElementsOxford University Press2019Bennett, FÓlafsson, SDaly, MKangas, OPalme, JThis chapter shows how the UK tackled the crisis. The UK was affected early and implemented a post-crisis stimulus package quickly. But from 2010, with a new government, austerity was the watchword, with cuts in social security expenditures prioritized over tax increases. Spending on education and health was shielded, as were old-age pensioners’ benefits, but those of families with children were reduced. From 2015 a Conservative majority government continued on a similar path, though also implementing tax cuts and a higher minimum wage. Under the new Prime Minister, the aim of balancing the public finances was postponed. Initially the pain of the crisis was shared more broadly. But financial hardship increased after 2012, especially for lone parents and disabled people, and benefit cuts affected women in particular. Whilst employment has increased, recovery has been slow. It seems unlikely positive welfare state developments can be expected in the near future. |
| spellingShingle | Bennett, F UK: changing politics of crisis management |
| title | UK: changing politics of crisis management |
| title_full | UK: changing politics of crisis management |
| title_fullStr | UK: changing politics of crisis management |
| title_full_unstemmed | UK: changing politics of crisis management |
| title_short | UK: changing politics of crisis management |
| title_sort | uk changing politics of crisis management |
| work_keys_str_mv | AT bennettf ukchangingpoliticsofcrisismanagement |