It is the duty of every government to safeguard its people in all matters, including control of the economy. Every economy faces different challenges, including economic cycles that may come from the global market. In this article we seek to examine the measures taken by the UK coalition government in an attempt to ensure that the economy benefits every citizen and reduces their overall burden. Consider the recent global spending review. Many countries around the world have experienced a recession in their economies and the UK was no exception. A recession is a macroeconomic term that describes one of two business cycles that economies go through. The business cycle is characterized by a boom where there is more business activity accompanied by rapid economic growth and recession points where there is a slowdown in economic growth. Various aspects and factors contribute to economic growth, which is measured through GDP. This factor can include savings, investments, government spending and other factors that fall into an increase or decrease. Reduction in spending can lead to a recession while an increase in spending can lead to an expansion which represents a boom in the economy. According to Maynard, John (1930), the government can take various measures to improve the state of the economy and probably bring the economy out of a recession or even accelerate this process. Various actors can play a role in improving the economy, although, as Keynesian theory explains, the government plays a larger role in this than other actors such as the private sector. The government can then use various measures through its budget policies, fiscal policies and monetary policies by the Central Bank. It is on this basis that the UK coalition government has proposed cutting its budget to reduce overall spending in the economy. You are not a "first-time homebuyer" as opposed to someone purchasing a new home unless you delay the purchase until three years have elapsed since you previously owned your home. An individual whose primary residence is in rental accommodation (and has been for at least three years) but who owns a vacation home may qualify as a first-time homeowner because he or she has had no ownership interest in the property. his principal residence. The Committee Report adds that the individual must not have had an ownership interest in a principal residence in the UK during the three year period prior to purchasing the home to which the credit applies.