The first Great Recession Budget for 2011 has just been presented but too late for this column’s deadline.

However, with an election pending we shouldn’t discount the idea that the next coalition government may decide, if not to throw this budget out altogether when they get into power, to at least tinker around at its edges.

Of course, they’ll need the approval of our IMF/EU fiscal masters to do just that.

While the main tax categories and cutbacks were well flagged, you now have before you the devilish details.
Try not to choke on your cornflakes as you work out how your personal or family budget will be affected. Case studies of single people, couples, families, pensioners and other social welfare beneficiaries are set out in the all the national newspapers.