Chancellor George Osborne will draw up the battle lines for the next general election as he sets out his final spending plans before the country goes to the polls in 2015. The Spending Review for 2015/16 - the first year of the next parliament - is expected to slice £11.5 billion off the day-to-day budgets of Whitehall departments, extending the age of austerity the beyond the general election. But Mr Osborne is also expected to confirm that billions of pounds of additional investment are to be directed into major infrastructure projects to boost growth over the years to the end of the decade, with details to be set out by Treasury Chief Secretary Danny Alexander on Thursday. In what is...
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