Geddes Axe
Major UK government spending cuts in the 1920s / From Wikipedia, the free encyclopedia
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The Geddes Axe was the drive for public economy and retrenchment in UK government expenditure recommended in the 1920s by a Committee on National Expenditure chaired by Sir Eric Geddes and with Lord Inchcape, Lord Faringdon, Sir Joseph Maclay and Sir Guy Granet also members.