Where will the axe fall? Don’t miss our CSR coverage

THE Comprehensive Spending Review on Wednesday will have huge ramifications for the public and private sector alike and TheBusinessDesk.com will have extensive coverage of this important event.

With expert commentary from our partner, accountants and business advisers PKF (UK) LLP (PKF), TheBusinessDesk.com will be identifying the key implications for the region’s business community.

Only health and international development have been protected from the cuts, raising concerns about the consequences for the North West economy as direct Government spending and public sector employment in the region is reduced, and for individual companies with significant exposure to the public sector.

But Ministers have also promised there will be support for measures that support business, including new infrastructure, as well as opportunities for the private sector to exploit as the public sector shrinks.

Tim Entwistle, managing partner in PKF’s Manchester office, said:”The Spending Review will affect our economy, communities, businesses and region but will take some time to be felt fully.  Businesses should, however, react immediately.

“In the longer term, the full impact of the indirect cuts, which will filter through the local and wider economies in which they operate, need to be understood and planned for.”

TheBusinessDesk.com site will carry a liveblog from midday as Chancellor George Osborne makes his Commons statement on the Government’s spending plans with registered users receiving a breaking news story within minutes of his speech ending.

Further analysis of the fine detail will follow in a special Comprehensive Spending Review email posted by mid-afternoon.

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