Ultimately swingeing cuts exposed twice — know what I mean? (5,5)

I haven't cracked this one yet — but the brilliant team at Times for the Times have:

{swingein}G [ultimately] contained by [cuts] NUDE (exposed) x 2 [twice]. Probably a reference to the recurring character played by Eric Idle in Monty Python sketches whose catchphrases included ‘Nudge nudge’, ‘wink wink’, ‘say no more’, ‘know what I mean?’