Spending to exceed tax by £600bn by end of Parliament

Mark Littlewood appears on BBC R5 Drive

Mark Littlewood appeared on BBC Radio 5 Live arguing against IMF recommendations to ease austerity following their revised UK growth forecast.

Mr Littlewood stated that the government should go further in its deficit reduction plan as it is currently cutting expenditure by only 1% per annum. Mr Littlewood also went on to argue that the main problem in the UK economy is a lack of growth. However, we may have to accept that long-term growth will be lower than the higher rates that the country has been used to.

Listen to the full programme here. Segment starts at 1:24.10.