They've just announced on the news that the govt's tax revenue has fallen by £billions and spending is up by £billions.
So....the public sector is going to be hit, make no mistake. More cuts to 'services', more jobs lost and potentially a long drawn out recession/depression along the lines of that experienced by Japan after an unsustainable asset boom.
There will be nobody to man all the CCTV cameras as there won't be any money to pay them, and there will be fewer social workers to meet statutory obligations in children's and mental health services... which makes Contact Point seem like even more of a white elephant.
Not that we belive Contact Point has anything to do with protecting children.