Business figures form think-tank

LEADING business figures and former politicians including Sean O’Driscoll of Glen Dimplex and telecom tycoon Denis O’Brien have drafted an economic recovery plan that urges the Government to slash 30,000 jobs from the public sector.

It has also detailed measures the self-appointed think-tank says could help to create 200,000 jobs it sees as vital if the economy is to get back to sustainable growth.

Glen Dimplex chief executive Mr O’Driscoll has been nominated to advance the proposals from the 17-member think-tank. It also includes Mike Soden, the former chief executive of Bank of Ireland, who confirmed Mr O’Driscoll’s involvement yesterday.