BGN Entrepreneur

At least 300000 public sector jobs are at risk as George Osborne launches £513 million of cuts, the chancellor will announce, as he bids to make a dent in the country’s £163 billion forecasted deficit for 2010-11.
The Skills Funding Agency, which employs 1200 people, is likely to be shut, along with the Curriculum Development Agency, which employ 723 staff. The South East England Development Agency, which employs 270 people, also faces the axe.
According to deputy prime minister Nick Clegg said that the country had to prepare for a period of painful retrenchment.

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