Here are four key points that stand out from George Osborne’s Spending Review:
1) £7bn squeezed from the welfare budget, on top of the £11bn already announced.
2) 28 per cent cut in local council budgets over four years.
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3) 60 per cent sliced off the affordable housing budget.
4) 490,000 jobs gone in the public sector over the next four years.
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