George Osborne’s spending review – our writers’ verdict

George Osborne’s spending review – our writers’ verdict

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“Here’s what actually happened: Osborne was set to save a quick £4.4bn from his tax credit cuts. He’s now waived that immediate saving – and has broken his own self-imposed cap on welfare payments. But he’ll still make £12bn of cuts to social security before this parliament is out. He’ll still hurt the dental nurses, bank clerks and others, but later when tax credits are replaced by a lower universal credit. Not so much Lesser Awful as Later Awful.”

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