There’s not a lot to add from the Statement today. As expected, total cash public spending rises every year for five years. Departmental Expenditure Limits are flat, rising from £326.6 bn to £328.9 billion from this year to 2014-15.
There are big cuts in CLG Communities , down from £2.2 bn to £1.2bn, and cuts at Transport, down from £5.1 billion to £4.4 billion.
Education, Health, Defence, International development, Work and Pensions, Scotland, Wales and Northern Ireland , Cabinet Office and Intelligence all have cash increases. Home Office, Local Government, BIS, Justice, Environment and some smaller departments have cash cuts.
Capital did not suffer as large a cut in some cases as expected. Transport capital, for example, will average around the £7.7bn level of this year for each of the four years. CLG Communitiies capital is hit hard, falling from £6.8 billion to £2 billion.
The oddest line in the printed document is CLG Local Government capital. It reads zero for every year including the first year, yet is given a 100% cut figure in the final column.