Cuts Go On Regardless ; No Scaling Back Even in 'Double Dip' - Minister
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Summary
PUBLIC spending cuts will not be scaled back to protect the economy from short-term shocks, Cabinet minister Philip Hammond insisted yesterday.
Amid uncertainty about whether the coalition would revise its plans in the event of a double-dip recession, the Transport Secretary made clear Whitehall departments would have to work within "firm and clear" four-year budgets.See the full content of this document
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Cuts Go On Regardless ; No Scaling Back Even in 'Double Dip' - Minister
He said any further stimulus to the economy would be from the Bank of England - probably in quantitative easin...
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