Osborne is in the sunny Treasury atrium singing in the praises of the fast and most collegiate spending review in history.” With regard to Labour’s claims, Osborne claimed he has “comprehensively demolished all of their arguments” against not cutting yet. £6.43 billion pounds is more than the election promise box ticked, but makes only just over half of what is being over spent each month. ID Cards, a flagship saving barely takes at £90 million out of the debt. Vince has been landed with £800 million to find. He might have to bloody his hands yet.
The first cut isn’t the deepest and it needs to be repeated month after month after month…