When news of the Tory budget cut was broken by Conservative Home it was spun as a prudent cost-cutting. Yet there is (as ever, with CCHQ) plenty of comic chaos behind the scenes. The basic problem was overspending in the boom years. Last year the cash was flowing in from bankers who could easily spare £50,000 and would pay even more to touch the hem of David Cameron.
Fraser Nelson
CCHQ gets crunched
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