Filling the black hole

Earnings are contracting. The government is in trouble. How are they going to fill the hole created by a declining tax take without making themselves even more unpopular? Easy.

Cancel ID cards. Saving £18B.

Cancel the Trident replacement. Saving £76B.

Withdraw from Iraq and using the savings to equip the troops in Afghanistan properly. That should also reduce the threat of terrorism so the government could then cut the budgets of MI5, MI6, GCHQ and so on.

Close the non-dom exclusion and the corporate loopholes that allow UK companies to legally evade their tax responsibilities. Saving: at least £20B but probably more like £100B.

Enter into no new PFI contracts and get out of those existing ones which can be terminated. Cost saving: up to £170B.