annal nayyar-Chancellor, George Osborne has been urged to drop his policy of ‘implicit and explicit ring-fencing of certain areas of spending’ in a letter from six think tanks.

Chancellor, George Osborne has been urged to drop his policy of ‘implicit and explicit ring-fencing of certain areas of spending’ in a letter from six think tanks.

 The joint letter, sent to the Daily Telegraph, said that other areas such as health and overseas aid should all be considered where savings could be made.

The letter said: ‘It is, of course, acceptable to prioritise certain areas of spending above others. But it is not sensible to define certain areas as sacrosanct, beyond any form of questioning.

‘Ring-fencing certain spending areas as a device for sending a political message or as a means of positioning a political party is no substitute for proper sustainable reform.

‘We need to accept that, to cure the deficit, no area of government spending should be considered off limits. It is time that politicians of all stripes came to realise that the need to balance the books should be a national priority.”

The think tanks are the Centre for Policy Studies, the Institute of Directors, Politeia, Respublica, the TaxPayers’ Alliance and the Institute of Economic Affairs.

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