Cutting Funds 'Will Be Fatal for Region' ; Lib Dem Leader Announces Reform Plans

Summary


CUTS to the public sector could deliver a "fatal blow" to the North East's economic recovery, it was claimed last night.

The warning comes as the Liberal Democrats admit they want to see cuts to regional development budgets, cash for skills training and a vital export scheme.

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Extract


Cutting Funds 'Will Be Fatal for Region' ; Lib Dem Leader Announces Reform Plans

Lib Dem shadow chancellor Vince Cable has suggested he would cut money used to support One North East and other regeneration groups while at the same time slashing the budget for the export guarantee credit department.

The export office has been described as having huge importance to the region, which still...

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