The publication of confidential forecasts from HM Treasury is a coup for the Conservatives but they may well be in for some fall out from their own leak. With the FTSE climbing above 5,000 points for the first time since last October, an autumn wobble in economic confidence could be laid at Cameron’s door:
“Some will argue the Tories have taken a big risk with financial confidence in publishing it.” – Faisal Islam
Even worse, the Financial Times is now reporting that prospective cuts of 8.6 percent will rise to more than 14 percent if, as Cameron has already promised, the Tories ring-fence health and international aid:
“Other Conservative commitments suggest this 14 per cent underestimates the scale of the squeeze Mr Cameron will have to apply across most of Whitehall.” – Financial Times
Well done, Dave.









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