The Jarrow March symbolises austerity in the 1930s

Austerity Britain: it's déjà vu all over again

16 January 2013

The last 100 years have seen several governments introduce austerity measures to try to balance the books. Duncan Needham, a Phd candidate in the Centre for Financial History, compares past and present, concluding that current public spending cuts are inhibiting the growth we need.

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