UK’s Osborne will have to sacrifice some sacred cows

CNBC features comments from Philip Booth

CNBC featured comments from Philip Booth on spending cuts.

"The government has not addressed those areas of spending that grew most rapidly in the early twenty-first century - schools, health and welfare," Professor Philip Booth, editorial director at the Institute of Economic Affairs, said. "These areas should undergo radical reform as well as spending cuts."

Read the full article here.

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