The Private sector will be hit by cuts

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Ministers and the small-state right want us to think the cuts programme will mainly bear down on what they see as feather-bedded public servants, but the the state spends half as much again on buying good sand services from the private sector as it does on the public sector wage bill.

Just 25p in every tax pound is spent on public sector staff while 38p goes to the private sector.

All together the private sector gets £236 billion of custom from the private sector — equivalent to more than £4,000 a year for every UK adult according to HMT stats. Table 5.

Cuts in spending will inevitably hit the private sector.

The stats are:


Note: based on an entry on the TUC Touchstone blog

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