Spending Review 2010: Zurich Municipal warns against "knee jerk" reactions
Andrew Jepp, head of local government at Zurich Municipal, said the extent of todays cuts are "every bit as severe as expected".
He added: "While many local authorities – and public sector organisations more broadly – have, for some time, been implementing effective changes to pave the way for these cuts, activity must now be ramped up."
Jepp continued: “That doesn’t mean knee-jerk reactions or hitting panic stations – anything but. It is more vital than ever that public bodies take a considered and long-term approach to risk management and carefully think through the implications of any austerity measure – whether that
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