Losing perspective 

At The Spectator, we’ve been so close to the spending debate that one worries about losing perspective. But this post from Faisal Islam gives one a sense of just how important today’s revelations are:

“We have never seen this level of detail on a budget situation before.

Much of what was implied or left out of the budget is stated in astonishing detail here.

It is a total disaster for the treasury and the government, but some will argue the Tories have taken a big risk with financial confidence in publishing it.”