Drastic public spending cuts will mean the axe for “some things that we genuinely value”, David Cameron has warned as he braced voters for painful decisions.
The Prime Minister said the Government would be “socially responsible” in finding massive savings across Whitehall but said it had a “duty” to cut back.
Writing in the Sunday Times, he compared Britain to a failing company and his Tory-Lib Dem coalition administration to new owners trying to make it profitable again.
Ministers are set for mounting tussles with the Treasury as they finalise cuts of up to 40% ahead of October's announcement of the results of the spending review.
And Mr Cameron signalled his personal backing for welfare reforms being drawn up by Work and Pensions Secretary Iain Duncan Smith — despite apparent Treasury concerns over the upfront costs.