Cbi Weighs in On Belt-Tightening Debate to Urge Balance with Tax
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Summary
BRITAIN's huge fiscal deficit should be tackled with GBP 4 in spending cuts for every GBP 1 in tax rises to avoid derailing economic recovery, a leading business group urged yesterday.
In a letter to Chancellor George Osborne ahead of the emergency coalition government Budget on 22 June, the CBI said such a split would give confidence that tax rises would not stifle recovery.See the full content of this document
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Cbi Weighs in On Belt-Tightening Debate to Urge Balance with Tax
Ian McCafferty, the CBI's chief economic advisor, said at a London news conference that the Tories' e...
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