Telegraph
"Britain needs an emergency Budget immediately after the general election as public spending is set to soar to the highest level in post-war history, a leading think-tank has warned. .....The Policy Exchange has advised the next government that it must be prepared to make radical and immediate cuts to spending plans or face a serious risk of a full-scale sovereign debt crisis. In a new paper, it has also shown that only a third of the impending surge in government spending can be traced back to measures intended to combat the recession, with the rest going on increased budgets for ballooning government departments."
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