While many of the public services are caught in a policy whirlwind, mostly-private water has felt only gentle breezes. This may not last, however, with big choices and a white paper on the way. No one could accuse the coalition of being half-hearted. In recent weeks, ministers have queued up to announce changes designed to reduce the deficit or re-balance the economy or both. The spending review next month will confirm that policy is being transformed before our eyes.
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