PM right on need for cuts

7 June 2010

The Government is right to focus on reducing the size of the public sector as the main means for tackling the budget deficit, said the British Retail Consortium (BRC).

Reacting to David Cameron’s speech on the economy today (Monday).

British Retail Consortium Director General Stephen Robertson said: “The Prime Minister’s recognition that a smaller, more efficient public sector must be the main means for tackling the deficit is welcome.

“Reducing public spending to a level the country can afford will mean tough decisions and pain for some but cuts are preferable to tax rises.

“It’ll be growth that gets the country out of the hole it’s in. Private sector business, with retail in the lead, is the engine that will drive growth.

“The Government must deliver an environment that supports businesses and allows us to maximise our contribution to recovery.”