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There is a real risk that Whitehall will not implement spending reductions properly, and we are concerned that increased pressures on services will lead to more frequent failures," said Daniel Thornton, co-author of "Managing with less: the 2015 spending review".
Mariano Rajoy, who last night swept to power in Spain, will also lay out plans to implement spending cuts to remain within limits set by Brussels.
In all the excitement about the gift, organisations can gloss over the investment required to implement – spending money strategically is harder than you might think.
Alexis Tsipras's surprise move to tighten his grip on power, with what he had hoped would be a fresh mandate to implement spending cuts and reforms, is showing all the signs of having backfired.
The new government will have a limited time to implement spending cuts and stimulus measures, which include a sell-off of state property and incentives for firms to hire women and the young.
But the former French finance minister has clashed with the US Congress over its refusal to back reform and for her remarks in 2013 after the Obama administration was forced to implement spending cuts, which she considered "excessively rapid and ill-designed".
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In "Cutting edge" (October 2nd 2010) we said that Ireland implemented spending cuts and tax hikes amounting to 2% of GDP in 2009.
The economy contracted in 2009, and fell again from 2011 to 2013, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011.
According to one negotiator, the dealbreaker was the Lib Dem demand that Labour move to cut the deficit faster, implementing spending cuts this year.
While commercial television has generally done a bit better, the national public broadcaster, RTVE, is implementing spending cuts of 204 million euros this year, on a budget of 1.2 billion euros, and faces further reductions next year.
Mr Callaghan spent his last years in office implementing spending cuts mandated by the IMF, to the fury of his party, and John Major often alienated his Tories with tax rises and a moderate line on Europe.Mr Brown's party cannot even console itself that its final months in power if that is what the next half-year turns out to be will see radical change on the ground.
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