
Losing perspective
At The Spectator, we’ve been so close to the spending debate that one worries about losing perspective. But this post from Faisal Islam gives one a sense of just how important today’s revelations are: “We have never seen this level of detail on a budget situation before. Much of what was implied or left out of the budget is stated in astonishing detail here. It is a total disaster for the treasury and the government, but some will argue the Tories have taken a big risk with financial confidence in publishing it.”
