Proposed Public Expenditure Cuts

Part of Oral Answers to Questions — Defence – in the House of Commons at 3:33 pm on 13 September 2010.

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Photo of George Osborne George Osborne The Chancellor of the Exchequer 3:33, 13 September 2010

As well as considering reforms to the formula grant, we took some steps earlier this year, and we hope to take further steps, to increase the freedoms that local authorities have to spend the money and to have fewer ring-fenced programmes from central Government Departments. We are looking at a review of the formula grant.