George Osborne (left)
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Job cuts 'not as harsh as expected' says OBR report

The independent Office for Budget Responsibility (OBR) says public sector job losses will not be as high as previously thought.

The OBR now expects 330,000 public sector workers to lose their jobs over the next four years, far fewer than the 490,000 it forecast in its June report.

Hugh Pym reports.

  • 29 Nov 2010
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