UK Treasury chief announces billions in spending cuts as Britain tries to make ends meet

  • by: DANICA KIRKA , Associated Press
  • Updated: June 26, 2013 - 12:06 PM

LONDON — Britain's Treasury chief announced 11.5 billion pounds ($17.7 billion) in spending cuts Wednesday, including benefit cuts for some retirees and more job losses for state workers, in an attempt to make ends meet.

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