Oh look. Looks as though Duncan Weldon / False Economy were engaging in some quite selective quoting of figures, along with a not inconsiderable amount of extrapolation. To the extent where the
OBR have released figures clarifying.
Looks as though the anticuts group's economist's
£245 billion is actually £17 billion. Oops.
I was expecting such unbiased content from a group devoted to showing that spending cuts are a 'false economy' too.