WA33

Spending Review: The Business Response

Business groups have given a cautious welcome to Gordon Brown’s spending review, with the CBI calling it "a big step in the right direction."

CNI Director-General Digby Jones applauded the "radical and courageous" efficiency programme, saying that "companies will breathe a sigh of relief that growth in public sector investment is not going to become profligate pre-election spending."

However, he cautioned that: "Business will adopt a we'll-believe-it-when-we-see-it attitude. Mr Brown still has to face down vested interests in the trade unions and civil service. He must introduce a credible system for measuring efficiency transparently if business confidence is to be maintained."

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