Today (24/5) the Conservative Chancellor George Osborne announced that he had "conducted the fastest and most collegiate spending review in recent history" and would cut £6.2bn of government spending. He then handed over to the LibDem Chief Secretary to the Treasury David Laws to explain where the cuts will be made. They will mostly come from getting rid of quango's and efficiency savings from within government such as a civil service hiring freeze and a cut to travel perks.
So what he's actually done there is announce that he will continue with the cuts that Labour's Alistair Darling announced in 2009's Pre-Budget Report. It's almost as if the party that gets elected to government makes absolutely no difference to the way Britain is run.
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