Sunday 16 May 2010

Hidden spending commitments by Labour could mean bigger cuts and higher taxes

Telegraph
"Hidden multi-billion pound spending commitments made by Labour in the run-up to the election could lead to more severe public spending cuts or higher taxes, it has emerged.Labour ministers had pursued a “scorched earth policy” before the election, by leaving behind billions of pounds spending commitments for the next Government to inherit, it was claimed.Members of the coalition Cabinet are alarmed to have discovered apparently unknown contracts and uncosted spending commitments left by the previous administration."

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