CONDEM SPENDING CUTS COULD COST UP TO 1.6 MILLION JOBS

Contrary to the figures given by Osborne in his Spending Review a survey today predicts that up to 725,000 public sector jobs are in the firing line following planned cuts, with a further 900,000 in jeopardy within the private sector, partly as a consequence of January’s planned hike in VAT.

http://www.bbc.co.uk/news/business-11671009