Economics

CBI against immediate spending cuts

23rd September 2009 — Filed under: Economics

Nigel Stanley Nigel Stanley

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.”

One Response to CBI against immediate spending cuts

  1. Trackback made by Public spending: CBI rejects Tory view | ToUChstone blog: A public policy blog from the TUC on Sep 23rd 2009 at 4:09 pm:

    [...] spending: CBI rejects Tory view Posted at 4:09 pm on 23 Sep 09 by Adam Lent Nigel has posted Richard Lambert’s comments  made on Radio 4 today.  The CBI has been very careful not to join in with the ’slash and [...]