Budgeting and governing for deficit reduction in the UK public sector: Act one ‘the Comprehensive Spending Review’

Peter Mark Eckersley, Laurence Ferry

Research output: Contribution to journalArticlepeer-review


After the 2008 financial crisis, recession and subsequent collapse in government revenues, the UK’s public deficit reached levels not seen since the Second World War. It had to deal with gearing by borrowing one pound for every four it spent. Before the 2010 election, all of the major parties agreed that tackling the deficit was a priority, and that spending reductions would play a major part. However, they did not agree over the timing and depth of cuts.

The purpose of this paper is to briefly consider the phoney war that took place after the financial crisis and how within the impending uncertainty the comprehensive spending review was used to provide a framework for a long term planning approach, within which the annuality of the budget can take place.
Original languageEnglish
Pages (from-to)14-23
JournalJournal of Finance and Management in Public Services
Issue number1
Publication statusPublished - 2011


  • Spending Review
  • budgeting
  • governing
  • public sector
  • financial crisis
  • deficit reduction

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