On the spending review I am still in shock about some of the details and will have more to say, particularly about housing. Nick Robinson did a blow by blow account A good economic analysis is here. A pro-Cuts response is here and an anti-cuts response is here. A distributional analysis is here – although this graph says much of that:
Deeply worrying. How we are going to find 26% cuts in the council budget I don’t yet know. I promised during my election campaign I would use my vote to protect key local services as far as I can. I mean to honour that promise, but I am sure that there will be painful times ahead.
UPDATE: I’m glad I wasn’t the only one who found Osbourne’s confusion of real, cash annual, cumulative cuts annoying