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where will the axe fall?

20 October 2010

Today is the day on which the Chancellor George Osborne will finally unveil the outcome of the Comprehensive Spending Review.

The Government has been keen to assert that the cuts are necessary because the current budget is not sustainable and also that they will be fair affecting everyone from the rich to the poor.

However, there is no question that the cuts will be deep and the review which is widely anticipated to detail £83bn worth of spending cuts is likely to be the biggest for decades.

Even those areas which have been promised protection should be wary, whilst they may not be the subject of dramatic cuts to their budgets the CSR will set the tone for the new austerity era and is likely to have a dramatic effect on the shape of public policy for at least the next five years.

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