we begin here in the uk, where the institute for fiscal studies is warning the chancellor big and painful spending cuts will be needed to put the country s finances on a sustainable path. the independent think tank predicts with a weaker economy and promised tax cuts, there will be a large shortfall in revenue. it calculates the government would have to spend £60 billion a year less by 2026 27. the treasury says its tax cuts and reforms would deliver sustainable funding for public services . more for public services . detail on that on october sist. joining me now is janet mui, head of market analysis, rbc brewin dolphin. they have quite a lot of detail as to why they believe the government will not have the money it needs to go ahead with plans? money it needs to go ahead with lans? ., ., ., plans? thanks for having me, first of all plans? thanks for having me, first of all before plans? thanks for having me, first of all before the - plans? thanks for having me, firs
Encourage people into work, but i think what we are seeing is that people are trying to work with more creativity and agility, taking on more than onejob, and the other day agility, taking on more than one job, and the other day what they are looking to do is make sure they are creating opportunities for the future, by getting experience today which allows them to getjobs, morejobs in the which allows them to getjobs, more jobs in the future, it will be challenged for the government to the right balance with that. , with that. the uk employment fi . ures with that. the uk employment figures will with that. the uk employment figures will be with that. the uk employment figures will be out with that. the uk employment figures will be out in with that. the uk employment figures will be out in an - with that. the uk employment figures will be out in an hour l figures will be out in an hour and 20 minutes. now let s focus on the us economy. the outlook for us growth has been downgra