Close
Enter your search into one or more of the boxes below:
You can refine your search by selecting from any of the options below:
Search
Your Shopping Basket
Total number of items: 0
Sub total: £0.00
Go to Checkout
Our Birmingham Shop
Books We're Talking About
Our Bristol Shop
Animators Survival Kit

Public spending cuts will prompt 'double-dip recession'

14th September 2009

Public spending cuts would hinder recovery and provoke a 'double-dip recession', it has been claimed.

Trades Union Congress (TUC) general secretary Brendan Barber claims that cutting public funding would provoke a deeper and longer recession, spurred by mass unemployment, that would have economic and social consequences.

He was commenting following the publication of a new report by the TUC, which predicts that unemployment levels could increase by more than 40 per cent in cities such as Leicester, Liverpool and Middlesbrough if public spending is cut.

Meanwhile, a report published by the Institute of Directors and the TaxPayers' Alliance last week indicated that the government could save a total of GBP 50 billion by making public spending cuts, such as by cutting Child Benefit and reducing the size of the civil service by ten per cent.

The report also suggests freezing pay across the public sector for a year, while increasing employee contributions to pension schemes.

Latest Blog
Ben Macintyre Introduces His New Book, SAS: Rogue Heroes
26/09/2016

Ben Macintyre Introduces His New Book, SAS: Rogue Heroes, plus read the Prologue.

A Stinky #FoyesFive!
25/09/2016

Andi celebrates Birmingham Grand Central's First Birthday with her bestselling and rather stinky picture books!

Caz Hildebrand's Top Ten Herbs
20/09/2016

Herbarium author Caz Hildebrand reveals her top ten all-time favourite herbs

View all Blog Entries
Twitter
Show/Hide Tweets
© W&G Foyle Ltd