• Govt cuts to cost UK jobs, says PwC

Cuts to public spending in the UK will cost 25,000 jobs in the hotel and catering sector, according to a study by PricewaterhouseCoopers.

The private sector could lose almost half a million jobs and £46bn in annual gross output by 2014 to 2015, as a result of the £83bn public spending cuts to be announced next week.

See the full release here:
http://www.ukmediacentre.pwc.com/News-Releases/Private-sector-jobs-could-be-significantly-affected-by-public-sector-spending-cuts-but-will-not-cause-double-dip-recession-says-PwC-research-f35.aspx

Share →