Absolutely nothing appears to be the answer as the IFS reports that after years of painful austerity, the UK’s level of public spending is today no lower as a share of national income than it was after 11 years of a Labour government in 2008.

http://www.independent.co.uk/news/uk/politics/uk-public-spending-same-2008-ifs-ten-years-austerity-national-income-labour-tory-government-a8023511.html?S2ref=1677383#commentsDiv

Surely the Tory’s economic credibility has to be questioned quite seriously?

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