The FT notes:
Alistair Darling will order ministers this week to start work on the most swingeing public spending review in a generation, as officials acknowledged that some departments could see cuts of about 16 per cent over three years.
With no real sign of recession being at an end and with deflation still a high risk this is madness.
The Compass report 'In Place of Cuts' sets out a clear alternative that will work. Labour has to be radical. Darling has been captured by the Treasury. If, by chance, they win an election he will have to be moved.