Speculation: 17 Jan 12: Pre-briefed Redundancy Pt II Announcement Day.
Ladies and Gentlemen, the next round of redundancies will effect (insert number) men and woman from the Armed Forces (expand with single service breakdown of numbers); but we are trying our best; look we have even cancelled (insert project as required) to try and reduce the human misery we distribute. We are good....
Followed by some diversionary tactic about Schools, NHS, Clean beaches because nobody can afford holidays etc etc
To be followed the next day with 'Sun' headlines about the next Falklands War kicking off 30 years to the day etc etc.
Though in reality; Olympic Fever will kick off early in the New Year, if not January and will provide a good smoke screen for smoke and mirror tactics. Govt are almost certainly banking on the Olympics providing a 'Feel good factor' to the UK public and if is combined with good weather they may get it. I will find it funny if the spiralling costs of the Olympics leads to some seriously bad press and widespread discontent.