Reaction to Britain’s public spending squeeze might force strategy change

THE pain of Britain’s forthcoming spending squeeze — the most sustained of its kind since WWII — may yet force the government to rethink its strategy, the head of the Institute for Fiscal Studies told Reuters.

Reaction to Britain’s public spending squeeze might force strategy change

Carl Emmerson, acting director of the independent think-tank, said that while the impact of tax rises and welfare cuts was relatively easy to quantify, the impact of public service cuts — and the public’s reaction to them — was much less certain.

“The government is taking such big sums out of public spending there has to be a risk that one or two years down the line it decides the pain is too great and a plan B, or even a plan C is needed,” Emmerson said.

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