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DIRECTORS URGE PUBLIC SECTOR JOBS CUT

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The Institute of Directors has called for a 2% cut in public sector employment, the equivalent of 50,000 jobs, and ...
The Institute of Directors has called for a 2% cut in public sector employment, the equivalent of 50,000 jobs, and a reduction of 5% by 1995-6 to bring the budget deficit under control, reports the Financial Times (p11).

An IoD document calls for spending cuts of £20 billion a year by 1995-6. It says market testing competitive tendering and privatisation would cut public sector employment.

It also recommends that individuals who can afford services, such as health care, should pay for them; universal benefits should be abolished; subsidies to industry slashed and government land holdings sold off.
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