Business chief: cuts will HURT
PUBLISHED: 13:47 17 June 2010 | UPDATED: 18:02 25 August 2010
A BUSINESS leader has called on the small business community to prepare for more redundancies and show courageous leadership ahead of the Chancellor s emergency budget.
A BUSINESS leader has called on the small business community to prepare for more redundancies and show "courageous leadership" ahead of the Chancellor's emergency budget.
Daphne Clifton, the deputy president of the South East London Chamber of Commerce, which represents Bexley, has warned that all businesses will suffer when Chancellor George Osborne announces the cuts next Tuesday.
Ms Clifton said: "Public spending cuts must happen as the UK has run out of money to spend. We cannot blame local government for the steps they have to take and we will all need to learn to work smarter and harder together.
"All our heads, both business and community must come out of the proverbial sand in order to address the financial stresses and strains ahead.
"Some redundancies have already been implemented and I am sure that there will be more.
"The local business community is anticipating a prolonged period when we will have to show courageous leadership, make wise decisions, plan very carefully and take all the steps we know make business work."
Prime Minister David Cameron has already committed the government to defending the NHS, along with schools and overseas aid. But when the Times hit the streets of Bromley, residents were divided on where the axe should fall.
Opinions ranged from defence spending to higher education to the NHS. On June 8 the Chancellor said that he will involve the public in the debate on dealing with the national debt.
He promised civil servants, political parties, unions and the public, will have their say on the cuts.
Overall spending plans for three years will be in the Budget but there will be further consultation on specific areas ahead of the autumn spending review.
Ms Clifton added: "These next five to 10 years are going to be tough. We can't pretend it is not going to be painful.
"There will be many false dawns of reassurance but the Chamber is not able to join in those reassurances right now."