CUTS concern. Last night, it seemed, business and community leaders were still tapping away on calculators.

The full effect of the Compre-hensive Spending Review may not be fully realised for weeks, if not months.

However, that is no reason to breathe a sigh of relief.

Protestors in Oxford last night were adamant in their message: Don’t let the public sector suffer.

But it is clear hundreds of thousands of public sector jobs are at risk and it would be foolhardy to think Oxfordshire will escape.

Many doubt whether the private sector will be able to absorb the impact. We have a feeling the devil in the detail will not shake out until later in the year.