Departments facing 16% real-terms budget cuts, think tank predicts
06 Nov Economics

Departments facing 16% real-terms budget cuts, think tank predicts

Such a big five-year drop in spending "looks completely undeliverable", Resolution Foundation research director says
by Tevye Markson
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Inflation could mean “hidden” austerity if spending settlements remain unchanged, as think tank predicts £62bn of “fiscal tightening” needed