Forcing These Cuts Runs Risk of Wrecking Prospect of Recovery ; Ieuan Issues Warning As Uk Economy Grows 0.8%

Summary


THE still fragile economic recovery could be "wrecked" by the knock-on effect of spending cuts on private firms, the Deputy First Minister warned last night.

Ieuan Wyn Jones spoke out after official figures showed the economy grew 0.8% in the third quarter of the year, fuelled by a big increase in construction work.

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Forcing These Cuts Runs Risk of Wrecking Prospect of Recovery ; Ieuan Issues Warning As Uk Economy Grows 0.8%

The figure was down from 1.2% growth in the previous quarter, but was better than many analysts had predicted and eased fears of a double-dip recession.

Welsh Secretary Cheryl Gillan said the data was "a real vote of conf...

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