Fairy tales tell of urchins opening magical jewel-filled caves, but in the future children may be lulled to sleep hearing of brave attempts to assail the impenetrable vaults of the Treasury.
Rumours of the end of austerity are rife and government ministers themselves have hinted that services might get more funds, and bounty will soon be sprinkled on those public sector workers who still have a job. We have already seen education secretary Justine Greening promise increased spending of £1.3 billion, although this is to be liberated from other parts of her department’s budget rather than “new money”.
In addition, the government has promoted discussions about allowing public sector pay to increase above the current one per cent pay cap. Now, that would be a very good thing, but it does need to be funded properly. And as of yet, there has been no screech of rusted metallic vaults being opened in Unit 1, Horse Guards Road.
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