Britain’s coalition cuts its own pay by 5%

BRITAIN’S new coalition government cut its own pay by 5% yesterday in a sign of the tough medicine the country faces to bring down a record budget deficit.

The Conservatives and the Liberal Democrats agreed on Tuesday on what critics call an unstable partnership of expedience after an inconclusive election.

Reducing Britain’s record budget deficit of over 11% of national output will be the first test of the relationship.

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