With state and local government finances on the mend, layoffs of government workers have slowed.
government financesRecession swells British government's debtsNewsvine - business Fri, 09/18/2009 - 05:10
The recession's toll on British government finances was highlighted Friday by official figures showing the government borrowed a record 16.1 billion pounds ($26.3 billion) in August, just days after Prime Minister Gordon Brown conceded that whoever wins the next election will have to take an axe to spending. |