Spend­ing cuts warn­ing

The Peterborough Evening Telegraph - - Uk&world Update -

SPEND­ING cuts will weaken the econ­omy, lead to hun­dreds of thou­sands of job losses and hit pub­lic ser­vices, the govern­ment was warned to­day. The TUC said a harsh round of spend­ing cuts will harm the econ­omy, caus­ing tax re­ceipts to fall and the ben­e­fits bill to rise. The eco­nomic deficit would also get worse, said a TUC re­port, All Pain, no gain: The Case Against Cuts.

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