The government is right to focus on reducing the size of the public sector as the main means for tackling the budget deficit, the British Retail Consortium said today.
Reacting to David Cameron’s speech on the economy earlier today, BRC director general Stephen Robertson said the Prime Minister’s recognition that a smaller, more efficient public sector is key to reducing the deficit was welcome.
“Reducing public spending to a level the country can afford will mean tough decisions and pain for some, but cuts are preferable to tax rises,” said Robertson.
“It’ll be growth that gets the country out of the hole it’s in. Private sector business, with retail in the lead, is the engine that will drive growth.
“The government must deliver an environment that supports businesses and allows us to maximise our contribution to recovery.”