UK Economy Too Weak for Sharp Spending Cuts

LONDON, April 14, 2010 - The markets expect to see a commitment to deep cuts but the incoming UK
government should wield the axe next year, warns Robin Bew, Editorial
Director and Chief Economist at the Economist Intelligence Unit.

In this month's Global Forecast programme broadcast on
www.cantos.com he adds that too much tightening now will snuff out the
recovery.

What politicians need to deliver at this stage to prevent a loss of
confidence is a credible story about what will happen next year when the
economy could withstand spending cuts and tax hikes.

The interview and transcript are available now on www.cantos.com.

Cantos.com, the online financial broadcaster, features in-depth
interviews, documentaries and webcasts with senior company executives. If you
would like to contact us, please email amanda.alexander@cantos.com or phone
+44-207-936-1352.

Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email amanda.alexander at cantos.com or phone +44-207-936-1352.