UK Budget shows its a deep cut across all of Europe

Whilst watching the budget today I felt a sense of urgency and the measures are (in my opinion) needed if we stand a chance of getting out of this mess.
We all have to take a hit here, as uncomfortable as it is going to be but are we alone in this?

Things seem to be creaking and I'm hopeful that our government here in the UK will handle the situation in a strong a steering manner.(I'm an optimist) The message today was the credit party is most definitely over.

Like most of us who have reigned in our spending over this past year the government now looks to be doing the doing the same and cutting up the gold card.

And in Europe?
The European Commission have just released a report which asked 25,000 Random Europeans a series of questions - the full report can be found here and is worth looking at if you have the time.

• 1 in 6 Europeans stated their household is struggling to pay bills, purchase food or other daily items.
• 1 in 6 European also felt little confidence in keeping their current job.
• 28% of EU citizens said they expected their household’s financial situation to deteriorate during the next 12 months.

I'll let you run through the facts. I'm aware that stats can be interpreted in different ways and that the above is an average from a land which diverse in it's nations and their individual situations.

Just thought it was worth thinking about.......