Quote:
Originally Posted by OLD BOY
Except that there will be spending cuts, that has already been made clear. The Civil Service is to be cut down, saving salaries and building costs. Those quangos still need extinguishing where they are not providing essential services as well..
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That isn't going to be nearly enough, you need to make proper spending cuts of billions. If that was announced alongside a forecast then maybe the markets wouldn't have reacted the way they did.