We are in a financial straitjacket and it will only get tighter

By Graeme McDonald | 05 December 2014
  • Graeme McDonald

As the immediate afterglow of the stamp duty announcement faded, the realities of the UK’s fiscal position have begun to burn through in this week’s headlines. 

Cuts amounting to a further £60bn by 2020 and one million fewer jobs in the public sector only reinforce what local government already knew - we are in a financial straightjacket and it will only get tighter.

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