Government austerity measures will slow recovery, say CBI
Employers’ group, the Confederation of British Industry (CBI), has revised its growth forecast for the UK’s economy. It is now predicting the economy will grow by 2% in 2011, not 2.5% as forecast earlier this year. Its downward revision is due to the massive spending cuts, introduced by the Government – deemed necessary in order [...]
Government austerity measures will slow recovery, say CBI
