FINANCIAL TIMES: Budget 2017: How spending cuts can look like productivity gains

  • Diane Coyle

Press/Media: Expert comment

Description

That is the chancellor’s challenge as he contemplates the UK’s 7 per cent of gross domestic product budget deficit and 85 per cent of GDP net debt ratio. Given Philip Hammond’s wish to build up a Brexit financial buffer, and the political aversion to significant tax increases, the “less” part of the equation is a given. What about getting more for what the government spends — or, to put it another way, how can the productivity of public services be improved?

Period8 Mar 2017

Media coverage

1

Media coverage

  • TitleBudget 2017: How spending cuts can look like productivity gains
    Media name/outletFinancial Times
    Media typeWeb
    Country/TerritoryUnited Kingdom
    Date8/03/17
    DescriptionThat is the chancellor’s challenge as he contemplates the UK’s 7 per cent of gross domestic product budget deficit and 85 per cent of GDP net debt ratio. Given Philip Hammond’s wish to build up a Brexit financial buffer, and the political aversion to significant tax increases, the “less” part of the equation is a given. What about getting more for what the government spends — or, to put it another way, how can the productivity of public services be improved?
    URLhttps://www.ft.com/content/79849e46-0345-11e7-ace0-1ce02ef0def9
    PersonsDiane Coyle

Keywords

  • economics
  • government
  • UK politics