Peter Hoskin

A first time for everything...

A first time for everything...
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A noteworthy observation from the IFS's Rowena Crawford, here at the Green Budget launch:

"We've never had three consecutive years of public service spending cuts, let alone the five years we've got forecast ahead."

She also pointed out that, if Labour extended its pledges to ringfence certain areas of spending until 2015, the cuts for "unprotected"  departments could start pushing 24 percent. That would be around 23 percent if current Tory plans are extended over the same time period.

UPDATE: Here's the graph which relates to the "five year" observation above, from page 195 of the Green Budget.