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LOCAL GOVERNMENT IS BIGGEST BUDGET LOSER

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The biggest loser in the announcement of spending plans for the next three years is spending by central government ...
The biggest loser in the announcement of spending plans for the next three years is spending by central government departments, which has been cut by £860 million in 1994-95 compared with the plans set out in the March Budget, the Financial Times reports in its Budget 93 supplement (p18).

Chancellor Kenneth Clarke's moves to reduce the fiscal deficit shift a larger proportion of spending towards social security, health and education and away from local government, transport, defence and housing, the FT says.

Transport has been cut by £260 million, in 1994-95, with the roads programme a particular casualty. DoE spending on housing has been cut by £250m.
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