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March 2011: Spending Review
2010: Budget Special
As expected, this is a harsh review from which few people will emerge unscathed. There are some capital projects relating to the infrastructure which will benefit the construction sector as well as easing travel for commuters and businesses. Investments in schools will rise and a new £2.5 billion pupil premium will support the education of disadvantaged children.
Overall, however, the aim of this review is to halt the rise in public borrowing and we can only hope that, by cutting £81 billion from public spending over four years, it works. But it must do so without reducing economic growth by too much.






