A recent survey carried out by the Manchester Business School has concluded that by 2015 spending cuts will have taken £10bn out of the economy of Greater Manchester. Other key findings include:
• The regional economy lost 34,000 jobs and £1.5bn from the 2008 recession, even before the spending cuts began.
• Another 15,000 public sector jobs in Greater Manchester have since been lost or are under threat.
• There has been an 80% reduction in regional economic aid. http://www.mbs.ac.uk/about-mbs/news/view/?guid=f89bed32-50c8-43d6-9619-71a6fbdafdab Two reports on the Manchester economic survey were broadcast on Radio4's PM programme on 22 and 23 December and can be heard at the following link within the next three days http://www.bbc.co.uk/programmes/b006qskw
