The CBI joined forces with the International Monetary Fund tonight to demand tougher action to cut Britain’s record budget deficit as the economy recovers from recession.

Martin Broughton, president of the employers’ organisation, said Whitehall should “focus on delivering key services that are currently mismanaged”, slash the £65bn spent on 1,000 quangos and reform public sector pensions.

via Employers join IMF call for government to slash £175bn deficit | Business | .

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