Osborne's "Plan A" friends are disappearing

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A topic from News & Current Affairs: Business

laresTue 06/09/11 19:31

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"CBI chief, John Cridland, and Pimco MD, Bill Gross, are the latest figures to stress the urgent need for a new economic plan."

"First it was the IMF who deserted Osborne and now it's the CBI and the founder of the world's biggest bond fund who have bailed.

John Cridland, the CBI chief argued in an interview that George Osborne needs to "step up a gear" and deliver a growth plan for 2012 before it is too late. The CBI is also apparently about to scale back its growth forecast for 2011.

"Times have got tougher and we need more action. It's time to get moving; extra gear, more urgency, more action," said Mr Cridland. "It's no good having a growth review focusing on five years' time; we ain't got five years. It's about growth over the next 12 months." he claimed colourfully in an interview in the Financial Times on September 5th. Dead on.

Cridland and I were on the Today program a little while ago discussing what could be done to stimulate growth and he seemed an entirely sensible and honourable man. In his interview today, Cridland expressed support for stoking up infrastructure spending in transport, power stations and housing"


http://1sq.me/orlsbL

maguaTue 06/09/11 20:44

 

guess he'd better hurry up and kill him self

philnTue 06/09/11 20:48

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This thread isn't about transport. Did you start it by mistake?

#205227Tue 06/09/11 20:49

 

It did mention transport in the last line. The leopard hasn't totally changed it's spots just yet!

laresTue 06/09/11 20:49

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quoting > "This thread isn't about transport. Did you start it by mistake?"

I'm all for political stuff too! I'm not one dimensional.

philnTue 06/09/11 20:50

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You're right. It is basically about transport

philnTue 06/09/11 20:52

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quoting > "I'm all for political stuff too! I'm not one dimensional"

its true, we should add the "tories are evil bastards" category to the "transport" category

and as for "evil bastard tories cut transport" threads.......

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