Spending cuts are often false economies that end up costing society dearly | Torsten Bell

New research has found that every pound saved in closing police stations costs the rest of us £3Every government looks to save money. Sometimes, it’s a priority to reduce spending, as with post-2010 austerity. Even when overall spending is rising, politicians may reduce spending in one area to make progress on a priority elsewhere. Doing things more efficiently is always a good idea.But announcing a spending cut is not the same as reducing spending, let alone achieving value for taxp