Despite government claims about an economic recovery they are planning for major financial cuts. 'An analysis on Monday suggested that spending cuts in the next parliament would be deeper than expected. The Financial Times said cuts would be closer to £48bn between 2014-15 and 2018-19 rather than the £25bn mentioned by Cameron, partly because the prime minister had excluded cuts required in 2014-15 and 2018-19.' (Guardian, 10 November) It is worth noting that Nick Clegg, the deputy prime minister speaking at the CBI conference in Birmingham yesterday, hinted at the fragile state of the public finances and that it would lead to cuts in social care. It would also penalise the working-age poor. No surprise there then. RD
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