I have interviewed UK-based outsourcing providers for a work-related project, and they are expecting a rather sharp drop off in government spending because they fully expect the Tories to win the upcoming general election.
I am pretty sure the UK's government sector is a bigger part of the UK GDP than the US government's share of US GDP, so this will likely attenuate growth prospects for the UK economy. There...even got a radio word into the discussion! R On Tue, Mar 2, 2010 at 6:26 PM, Rob de Santos <[email protected]> wrote: > I share John's conclusion but would observe that all 3 major parties in > Britain > have been critical of BBC spending so I don't think we can put this down to > just > a need to butter up Rupert Murdoch. I think the undercurrent here is that > with > the large budget deficits and long term debt facing most Western countries, > the > UK included, there is a sense among the politicians that they need to be seen > to > be doing something to guard the expenditure of tax dollars. With an election > looming within a few weeks to a month or so, the BBC is an easy target among > UK > politicians. > _______________________________________________ Internetradio mailing list [email protected] http://montreal.kotalampi.com/mailman/listinfo/internetradio To unsubscribe: Send an E-mail to [email protected]?subject=unsubscribe, or visit the URL shown above.
