Heres' a preliminary list of the initial spending cuts being made by the Conservative government:
The full list of projects cancelled:
Stonehenge Visitor Centre: £25m
Local Authority Leader Boards: £16m
Sheffield Forgemasters International Limited: £80m
Rollout of the Future Jobs Fund: £290m
Six month offer recruitment subsidies: £30m
Extension of Young Person's Guarantee to 2011/12: £450m
Two year Jobseeker's Guarantee: £515m
Active Challenge Routes - Walk England: £2m
County Sports Partnerships : £6m
North Tees and Hartlepool hospital: £450m
Local Authority Business Growth Initiative: £50m
Outukumpu: £13m
List of projects suspended:
Libraries Modernisation Programme: £12m
Sheffield Retail Quarter: £12m
Kent Thameside Strategic Transport Programme: £23m
University Enterprise Capital Fund: £25m
Newton Scholarships: £25m
Health Research Support Initiative: £73m
Leeds Holt Park Well-being Centre: £50m
Birmingham Magistrates Court: £94m
Successor Deterrent Extension to Concept Phase Long Lead Items: £66m
Search and Rescue Helicopters: £4.6bn (Successor Deterrent Extension to Concept Phase Long Lead Items will be reviewed as part of the broader Trident value for money review, which will report in the coming weeks. Search and Rescue Helicopters will be reviewed as a matter of urgency)
A14 Road: £1.1bn