Well the Govt still shovelling cash out as fast as they can.
In the next few months I'd expect they'll have to pump money into a number of "critical industries" to keep them afloat - cars, people like RR, Airbus etc - never mind the call for cash from everyone else.
Expect the Treasury to look at cutting some big projects - HS2, Dreadnought SSBN's, Sizewell B, the roads programme as marker to show they are serious - they won't cut them all but they'll want a big scalp somewhere. Then of course there will be the curse of any UK spending programme - delay.... no new F35's or Typhoons for a while, push back the frigate programmes, defer replacement of everything else, park a carrier in Portsmouth in deep "training"
I can't see them, being Tory's, cutting the Guards or the RM or the Paras etc but don't expect a lot of cash for pay enhancements etc