public sector deficit

Public sector pension cuts to cost taxpayers £8bn

Both the Liberal Democrats and Conservatives have called for a reform of public sector pensions but cutting back on them will cost taxpayers £8bn, according to CIPFA’s Bob Summers.

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Pre-Budget Report 2009: Public sector finances and the crisis

Ahead of this week’s Pre-Budget Report, Professor Mike Devereux and Professor Clemens Fuest discuss the UK’s economic situation and the impact of the government’s policies so far.

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