5 per cent doesn't sound a lot.
Contrary to what conservatives suggest, Balls hasn't capitulated to Osborne. He supports stimulus now and investment after 2015.
The Treasury does not adequately monitor the way it spends public money, according to MPs.
David Cameron's public service reforms suffer from a serious zeitgeist problem.
John Gray assesses the fortunes of the coalition.
New research shows how the poorest areas of the country will suffer the greatest loss of income.
Joseph Stiglitz tells the NS that Cameron and Osborne are "scaremongering".
Will the anger at higher education cuts gather force across the country?
Mandelson remains unapologetic about drastic cuts to university budgets.