Comments on: Shock Horror! CBI supports Tory economic policy! http://touchstoneblog.org.uk/2009/11/shock-horror-cbi-supports-tory-economic-policy/ Policy news and comment from the Trades Union Congress (TUC) Thu, 24 May 2012 17:17:11 +0000 hourly 1 By: Tweets that mention Shock Horror! CBI supports Tory economic policy! | ToUChstone blog: A public policy blog from the TUC -- Topsy.com http://touchstoneblog.org.uk/2009/11/shock-horror-cbi-supports-tory-economic-policy/comment-page-1/#comment-4343 Tweets that mention Shock Horror! CBI supports Tory economic policy! | ToUChstone blog: A public policy blog from the TUC -- Topsy.com Sat, 21 Nov 2009 03:02:38 +0000 http://www.touchstoneblog.org.uk/?p=4749#comment-4343 [...] This post was mentioned on Twitter by The Free Market and ToUChstone blog, TIGMOO. TIGMOO said: ToUChstone blog: Shock Horror! CBI supports Tory economic policy! http://tinyurl.com/ygrtyx2 [...] [...] This post was mentioned on Twitter by The Free Market and ToUChstone blog, TIGMOO. TIGMOO said: ToUChstone blog: Shock Horror! CBI supports Tory economic policy! http://tinyurl.com/ygrtyx2 [...]

]]> By: Roger http://touchstoneblog.org.uk/2009/11/shock-horror-cbi-supports-tory-economic-policy/comment-page-1/#comment-4337 Roger Fri, 20 Nov 2009 17:03:42 +0000 http://www.touchstoneblog.org.uk/?p=4749#comment-4337 Another rather huge inconsistency is that the CBI recently published an excellent report from LEK Consulting which pointed out that: a) every pound spent on construction projects increases national GDP by £2.80 (rising IIRC to £5.60 for spending on schools), and b) that 30% to 40% of all construction spending is currently funded by the state. http://www.cbi.org.uk/ndbs/Press.nsf/0363c1f07c6ca12a8025671c00381cc7/1b0460221653edd28025765c005a5db8?OpenDocument So they are all in favour of cuts - but also in favour of the state funding more houses, schools and hospitals.... Another rather huge inconsistency is that the CBI recently published an excellent report from LEK Consulting which pointed out that:

a) every pound spent on construction projects increases national GDP by £2.80 (rising IIRC to £5.60 for spending on schools), and

b) that 30% to 40% of all construction spending is currently funded by the state.

http://www.cbi.org.uk/ndbs/Press.nsf/0363c1f07c6ca12a8025671c00381cc7/1b0460221653edd28025765c005a5db8?OpenDocument

So they are all in favour of cuts – but also in favour of the state funding more houses, schools and hospitals….

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