In about 3 weeks time Osborne will outline yet more cuts. None of them are inevitable as he will like to portray, and some will provoke more outrage just as the tax credits have done. (I hear that there is to be a 25% cut in flood defence - which won't matter until it does matter and then will bring untold misery)
All the fat has now been trimmed, so any further cuts will almost certainly come from essential services. I hope that Osborne has learnt a salutary lesson from the Lords - why am I not convinced?
Good Morning Sunday 23rd August 2926
