Comment on George Osborne's desperate quest for cash could move Whitehall to Croydon

George Osborne's desperate quest for cash could move Whitehall to Croydon

At Wednesday's spending review, Chancellor George Osborne somehow managed to announce that his plan for deficit reduction is on track, escape embarrassment over a major u-turn on tax credits, and avoid cuts as deep as expected. But, in a move that almost no-one has mentioned, Osborne has come up with a sneaky way to cut the budgets of government departments through the back-door — and in the process raise extra cash to make his budget work.

 

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