The problem is that this is only the start. Yesterday the Chancellor and Chief Secretary sliced delicately through IT budgets and consultancy contracts with a scalpel. Before long they will be running down Whitehall politically naked, with blood dripping from their axes. There is a big difference between £6 billion and £156 billion, the overall size of the deficit. The Institute for Fiscal Studies said that yesterday’s announcement represented “less than a tenth of the fiscal repair job that will be needed over the next few years”. The really difficult decisions will come in the Budget next month and the autumn spending review. A Government that started out looking like a Richard Curtis rom-com will end up looking as gory as a Quentin Tarantino movie with bodies all over the floor. This is going to end up as Four Weddings and an Awful Lot of Funerals.
Be afraid, be very afraid.