Where does the axe fall?

There is relatively little detail on where the cuts will come in various departments. But some blood is spilled on pages 109-110. This £5bn of additional savings comes from areas ranging from bus passes to cutting skills budgets. Here’s a selection:

– £1.4bn from withdrawing the “jobs guarantee” for young people from 2011

– £340m from ending the New Deal for Communities programme, which was launched in 1998 to help regeneration.

– £500m from scaling back the NHS IT programme and some other projects to take government into the information age

– £360m from a new round of prison privatisations and “reforms” of legal aid (lawyers: watch your wallets). My colleague has just discovered that some of these “underperforming” prisons are already in the private sector.

– £300m cuts to adult skills budgets in “low priority” areas that are not “vital to Britain’s future”. No examples yet.

– £600m hit to higher education and science and research budgets, particularly in budgets that do not support “student participation”

– £60m from raising the age threshold on subsidised public transport to match changes in the state pension age.

– A shocking £13m raid on the allowances of hard working diplomats (DISCLOSURE: I’m married to one)

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The authors

Jim Pickard joined the lobby team in January 2008. He has been at the Financial Times since 1999 as a regional correspondent, assistant UK news editor and property correspondent.

Kiran Stacey is an FT political correspondent, having joined the lobby in 2011. He started at the FT as a graduate trainee in 2008, working on desks including UK companies and US equity markets before taking over the FT's Energy Source blog.

Contributors

Elizabeth Rigby, the FT's chief political correspondent, joined the lobby team in September 2010. Elizabeth has worked at the FT for more than a decade and was most recently its consumer industries editor.

Helen Warrell is the FT's UK reporter, covering home affairs, crime and policing. She joined the FT in 2008 and has spent time as a reporter in the Brussels bureau and more recently, editing the paper's Asia coverage on the world news desk.

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