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Dan Corry predicts that Council cuts will lead to more contractors facing the sort of difficulties that have brought down Connaught.
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IFS Director has accused the government of “spurious precision” in estimating the ‘structural deficit’ at 5.8% – ridiculing the notion that we can estimate it to the nearest tenth of a per cent of GDP. He added: “We really don’t know how big that hole is because we don’t know what ‘normal’ will look like in the economy in future.”
One Response to Web links for 8th September 2010
Comment made by Tom Clark on Sep 9th 2010 at 11:48 am:
Our local authority (South Lanarkshire) has just announced that it will no longer be able to afford ‘private finance’ to rebuild schools. These schools will not now be rebuilt and must have a knock on effect on private companies who do this work. Sadly it will also mean less apprenticeships for our young people. Proof that the Tory/Lib Dems. cuts have far more wide reaching effects than the Public Sector.