Public sector pain to last to 2014

Posted by Janice McGinn in Management & Execution, Risk & Regs on Thu, 18/06/2009 - 18:54

The public sector is gearing up for 350,000 job cuts in the next five years. The pain will be widespread and may damage recory.

Key Points

Brighter private sector news offset by bleak public sector outlook CIPD says there will be a bloodbath in the public finances Cuts in public spending will impact the private sector recovery

 

 

 

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The Bottom Line: Britain still great for business

Political strategy needed to show that Britain is still great for business, says Richard Thomas

"Out of one side of his mouth, Gordon Brown is saying he will make Britain an attractive place to invest, but out of the other he is clobbering higher earners with 50%, which sends out the opposite message. Despite such political dabbling, Britain remains a great place to do business and we must play to our strengths in attracting investment. " Read more.

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