FINANCE

Chancellor urged to balance cuts with economic growth

According to a new report by CIPFA the Chancellor must look at ways to stimulate economic growth.

Although the Government's plans to cut back on public spending have remained on track so far, the Chancellor must look at ways to stimulate economic growth, according to a new report by the Chartered Institute of Public Finance & Accountancy (CIPFA).

The Long Downturn examines the challenges facing the Chancellor of the Exchequer leading up to the Autumn Statement. It suggests there is likely to be more emphasis on driving growth such as the tax incentivisation of private sector investment or by public sector investment in capital infrastructure projects.

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