Tuesday 4 May 2010

The truth politicians won't tell us on jobs: Economists predict decade of pain

Thousands of South West jobs will be axed as part of the biggest squeeze on public sector spending seen in generations, the first detailed report on the dire regional impact of the financial crisis warns.

In the wake of fierce criticism of the three main parties for not outlining precisely how they would claw back the record national debt, economists believe the South West will face more than a decade of pain from tax rises and public sector cuts. more...

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