The Comprehensive Spending Review deserves a cheer and a half, but not much more than that. The Coalition has developed a welcome single mindedness in getting the public finances under control, but they could have been both more radical and more methodical. They seem to have tackled deficit reduction in a tactical, rather than a strategic fashion. The blue skies thinking, which was promised at the time of the emergency budget, has either not really taken place or has not been overly imaginative.
To consider the upsides first, the review does underscore the determination of George Osborne – and the Government more widel