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UK Spending Review: Osborne to reveal £11.5bn in cuts

From bbc.co.uk

Chancellor George Osborne is to set out where a further £11.5bn of government cuts will come from, when he lays out his Spending Review later. Most Whitehall departments face budget reductions of 8% to 10% in 2015-16, but health and schools in England and the overseas aid budget are ring-fenced. The government says it has made good progress in cutting the budget deficit and that further savings are necessary. But Labour says the coalition's economic plan has failed. Mr Osborne will outline the Spending Review, covering the 2015-16 financial year, in the House of Commons from 12:30 BST. Intelligence winners BBC ... (full story)

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