Autumn statement: George Osborne to announce cuts to fund £5bn spending

George Osborne will announce on Wednesday that he is forcing a fresh spending
squeeze on cash-strapped Whitehall departments to fund £5bn worth of investment
in schools, transport and science over the next three years.The Treasury is keen
to be seen to heed the warning of the International Monetary Fund that cuts
[...]
Source:
http://www.ezonearticle.com/2012/12/04/autumn-statement-george-osborne-to-announce-cuts-to-fund-5bn-spending/