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In pictures: YEP debate highlights importance of public purse deficit policy


 


The next government’s response to the growing public finance deficit will determine the economy’s growth prospects, warned panelists at Young Entrepreneurs in Property’s Manchester debate last night.


 


Around 80 guests gathered at Manchester’s City Inn hotel for the discussion, which was chaired by EG editor, Damian Wild.


 




 


Manchester city council chief executive Sir Howard Bernstein, Argent joint chief executive David Partridge and City Inn Group founder and chief executive David Orr formed the panel.


 


Partridge stressed that the prospect of a hung parliament need not worry the industry and that a coalition government might reach a consensus on how to tackle the deficit.


 


Bernstein added: “The conventional approach to reducing spending at the public sector level will not take us far. When in a downturn, we should plan for growth.”


 


To read more, visit the Focus blog.


 


daniel.cunningham@estatesgazette.com

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