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If that's correct, it's distinctly worrying. If 'local government funding has fallen by 28% in real terms since 2010, a figure that will reach 37% by 2016', I'm sure that's not true of central government funding. I've not heard any suggestion that central government spending has fallen by any comparable amount. It means that for all the talk at the moment of devolution and subsidiarity, proportionally less money is being spent at the sharp end and more in the bloated centre than was the case four years ago.

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