Budget measures do nothing for UK’s economic prospects
Authors: Ian Brinkley
20 March 2013
Responding to Budget 2013, Ian Brinkley, director of The Work Foundation, said:
“The Budget measures will have no measurable impact on economic prospects. The priority should have been significant new investment in science, technology and innovation and in measures to address youth unemployment, rather than corporation tax cuts.
“The new employment allowance for new hires is likely to be less wasteful than some past schemes, but will only have a limited impact on the labour market.”
Notes to Editors:
1. Ian Brinkley is available for interviews, briefings and written comment.
2. The Work Foundation aims to be the leading independent, international authority on work and its future. The Work Foundation is part of Lancaster University – an alliance that enables both organisations to further enhance their impact.