Quote Originally Posted by JamesWales View Post
Is it true the concessions will actually end up costing more money? If so it's one of the most tragic comedies I can remember in British politics in recent years.

A great example of a win being a loss
It's possible I guess because there are provisions in the bill committing to spending. Depends which way you look at it, we know the cost of pip is going to balloon by the end of the parliament and this bill was only going to mitigate that, it wasn't a cut at all so if the question is whether pip will cost more next year than last year the answer will be yes.

The problem for labour is now what wiggle room do they actually have in any of their major budgets? Health - none, welfare - none, etc.

So it's tax rises (beyond the usual fiscal drag tax rise), borrowing more for day to day spending or canning infrastructure spending.