Thursday 21 October 2010

Spending Cuts: a couple of observations

1. The Cabinet Office sees a 20% increase in funding over five years.  I can't understand what this will be spent on, can you?   Actually, this is a large % increase but a small actual rise (in government spending terms), from 0.4 to 0.5 billion.  So probably not much happening there.

2. The security and intelligence services see a 6.6% decrease.  This is risky considering the continued high terrorist threat to the UK - the Prime Minister will be called to account if there is a terrorist attack on the mainland that, arguably, could have been prevented.  Of course we would never know if it could have been prevented with an extra bit of money or not, but it would be a very uncomfortable time for the PM nonetheless.

By the way, this table over at the FT is very handy indeed.

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