Tory spending cuts not brutal enough | AccountingWEB

Tory spending cuts not brutal enough

The Conservatives may have faced the ‘ugly truth’ about public finances, but their proposed changes don’t go far enough, said the UK200 Group.

Shadow chancellor George Osborne recently announced that the Conservatives would tackle the looming pensions crisis by raising the state pension age to 66 by 2016 and freeze public sector pay in order to cut spending – but it won’t be enough to stop the rot, according to UK200 Group president Kevin Dickens.


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