Laurence Fletcher (@journofletcher) 's Twitter Profile
Laurence Fletcher

@journofletcher

Deputy Markets News Editor @FT. Hedge funds, human rights, fine wine. Ex-WSJ, Reuters. Liverpudlian. Views my own. Tips: [email protected]

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linkhttp://ft.com/laurence-fletcher calendar_today15-02-2011 15:51:10

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Laurence Fletcher (@journofletcher) 's Twitter Profile Photo
Laurence Fletcher
@journofletcher

7 months ago

Interesting from #OBR that public sector can indeed crowd out private sector: 'Employer #NICs rise is estimated to reduce labour supply by 50k average-hours equivalents, while net fiscal loosening would crowd out some private investment in an economy with little spare capacity'