Finance

Less than two years into the current spending review’s implementation and with only a fraction of the public expenditure cuts it created actually made, we are witnessing hardship and despair in some communities across the country. More cuts are to come and not all of them have yet been identified by central or local government, the NHS and other public bodies. The government has announced its intention to find a further £10bn of cuts to welfare benefits over the next two years. It has also signalled that it will be seeking significant further cuts to public expenditure in the 2013 spending review.