“Four government departments have provisionally agreed to cut their spending by an average of 30% over the next four years, Chancellor George Osborne is to announce later.

The transport, local government and environment departments, plus the Treasury, have all agreed deals ahead of the spending review on 25 November.
The cuts will help the public finances back into surplus, he will say.

A Treasury source told BBC News the agreements were “really good progress”.

http://www.bbc.co.uk/news/uk-34763261

But no doubt our council taxes will remain the same or increase as costs are offloaded from county and district and loaded on to town and parish council precepts.

And there no doubt will still be money to build a new council HQ in Honiton, subsidise the Thelma Hulbert Gallery, pay consultants exorbitant fees and continue to offer free parking to councillors and officers at Knowle.

Some assets won’t sweat quite as much as others.