Spending Review 2010: Osborne sets out "unavoidable" choices
Chancellor George Osborne is in parliament now setting out his Spending Review which includes £7bn of savings from welfare
www.broking.co.uk will give you updates on the review as soon as we can.
- There will be £6bn of savings in administrative costs in government departments with each government department cutting their spending by a third on administration costs. There will be 490,000 job losses over four years.
- The Treasury budget will be cut by a third.
- There will be a 7.1% reduction in funding for councils over the next four years.
- We will have to wait until next month for each government department to
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