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CBI warn against tax cuts
StevieJ
Posts: 20,174 Forumite
When was the last time that the CBI warned against tax cuts :eek: Answers on a postcard
It is surreal for sure.:cool:
The Chancellor risks causing long-term damage to the UK economy if he attempts to launch any further fiscal stimulus in next month's Budget, the CBI has warned. Richard Lambert, the director-general, cautioned the benefits of a short-term fiscal package, such as tax cuts or extra spending, would be limited, while the long-term costs to the UK's battered public finances would be "very real" reports the Telegraph.
The Chancellor risks causing long-term damage to the UK economy if he attempts to launch any further fiscal stimulus in next month's Budget, the CBI has warned. Richard Lambert, the director-general, cautioned the benefits of a short-term fiscal package, such as tax cuts or extra spending, would be limited, while the long-term costs to the UK's battered public finances would be "very real" reports the Telegraph.
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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