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I'd rather cut subsidies from the oil and gas industry than cut overseas aid. As another poster said, if you remove soft power, what's left is hard, and that's not a viable foreign policy. Even if one is cynical and believes 95% is pocketed by politicians before it reaches the starving poor...

I was thinking the same. Either it was political and Osborne's been forced to admit he was wrong, or his sums were wrong in the first place. Let's hope he's got them right now, though you do have to question his competence.

I'm sure the devil's in the detail.