CBI against immediate spending cuts
Richard Lambert of the CBI on this morning’s Today programme.
I would say two things, one is that changes in public spending take a long time to bite, the second thing is I think I feel, we feel, that the economy is too fragile right now for massive cuts in public spending so we think that the government should be giving a credible plan for getting fiscal conditions into shape but it shouldn’t be doing something tomorrow.”
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Filed under: Public spending, Recession
















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