So after the next General Election, will public expenditure be cut by 10%? Or less … or more … ? Of course it depends whom you ask?

10% says the Tories’ Andrew Lansley, whose sums assume that preserving the NHS budget means that everything else is cut more aggressively. Less says the Government which claims that ‘Red Book’ assumptions may be a little pessimistic, especially if there are (hush, don’t say it too loudly) a few green shoots around …. More, if we listen to Vince Cable …. Oh dear!