Chancellor 'must not risk jobs by cutting spending'

The government must continue to increase public spending to prevent a “job-loss recovery”, the CIPD has said ahead of the chancellor’s pre-budget report.

John Philpott, CIPD chief economic adviser, said that fiscal policy must remain expansionary until the economic recovery is strong enough to sustain employment growth.
 

It’s untenable to have a normal retirement age in public-sector schemes that is significantly different from the state retirement age

Brian Bailey, Director of pensions, West Midlands Pension Fund and member of High Pay Commission