CBI members ‘sceptical’ about efficiency targets
29 August 2012
Almost 90 per cent of businesses believe the government will miss its three-year, £21.5 billion efficiency target, according to a member survey by the Confederation of British Industry (CBI).
Scepticism is pretty widespread, with 37 per cent of the 404 respondents, who were all at board-level or above, “not at all confident” that Gershon efficiency goals will be achieved.
Another 49 per cent were “not very confident”, according to the survey.
Only 4 per cent of respondents expressed any confidence.
A senior policy advisor at the CBI told...