Further reading

Social housing budget to be slashed by more than half (as predicted here on Sunday): BBC
Half of adults don’t realise that council budgets will be cut – Public Finance
Biggest defence cuts since World War 2 - FT
Trident to be delayed by up to five years - FT
How the carriers sank Britain’s defence strategy – Philip Stephens, FT
New aircraft carrier could be mothballed or sold - Alex Barker, FT
Private sector neither better nor cheaper than public sector - Nick Timmins, FT
Federation of Small Businesses criticises pro-Osborne businessmen letter - Independent