Autumn Statement 2015: Scrap the spending cuts ringfence, say the Institute of Economic Affairs and Taxpayers' Alliance - City AM

The government's decision to ringfence certain areas of spending means this week’s Comprehensive Spending Review is likely to be “incoherent and incomprehensive”, a prominent Westminster think tank has said today.

The Institute of Economic Affairs (IEA) said that because 70 per cent of government spending is protected, or ringfenced, cuts risk being made in the wrong areas.

Meanwhile, the Taxpayers’ alliance, a lobby group, also criticised the ringfence and called for cuts to pension increases.

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Autumn Statement 2015: Scrap the spending cuts ringfence, say the Institute of Economic Affairs and Taxpayers' Alliance - City AM
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published this page in Media Coverage 2015-11-26 13:12:09 +0000