CITY VIEWS: IS THE ECONOMY STRONG ENOUGH TO HANDLE SPENDING CUTS IN THE PUBLIC SECTOR?
JOHN TAYLOR |
TR CONTROL SYSTEMS
“I think there is waste, but there’s a danger of cutting too deeply. Many companies rely on contracts from the state, plus there aren’t other jobs for people cut from the public sector.”
GAEL MEAGHER |
RETAIL CONSULTANT
“The country is in deep trouble and the public sector needs to be cut. It’s never going to be the right time to cut but it’s best to do it quickly, like ripping off a band aid.”
CHRIS THOMPSON |
SYBASE
“It’s not the right time to cut, but the only right time was during the last government, who would never have allowed it. The coalition has come across a financial black hole, and it’s best to cut as soon as possible.”