Spending Review – the impact in the South WestFriday, October 22nd, 2010
You would have to have been living in a cave to have missed the recent news about the cuts that are sweeping through the Country. The impact of the cuts will be felt across the across the country including our very own Dorchester.
I was a little staggered to learn on the BBC news that nearly 47% of Dorchester’s working population is employed by the Public Sector in one guise or another. That is a lot of people with spending power locally that could be affected by the cuts.
What with Dorset County Council, West Dorset District Council, Dorset County Hospital and Dorchester Prison to name but a few we could be in for interesting times.
The figures across the rest of the county are similarly high. Matthew Butcher at the business advice service Business Link has warned that West Dorset has around 40 per cent of people working in the public sector – the seventh highest in the country. To read the article read the Dorset Echo article posted 21 October.
Also, The South West Observatory (SWO), which is a network of experts has produced a report that details the impact of the Comprehensive Spending Review on the South West.
If you are worried about how the spending cuts might affect your business. Take the time to talk to Business Link they offer a free advisory service that can help with business planning and staffing / human resourcing issues. What’s more they are entirely independent.
South West Observatory
SWO aims to be the first stop shop for intelligence in, and about, the South West. Access to one part of the network gives access to all of it.
Spending review on Twitter #Spendingreview.