CBI chief economic adviser Ian McCafferty looking suitably scared
If the CBI is worried about the effects of ConDem cuts then the rest of us should be terrified. The CBI (champions of business and naturally allied to the Tories) today cautioned that hard-and-fast cuts will impede the economic recovery – and promptly lowered its forecast for UK growth next year from 2.5% to 2.0%.
http://www.guardian.co.uk/business/2010/sep/22/austerity-uk-economic-prospects-cbi