The Confederation of British Industry (CBI) has called for an aggressive, faster approach for addressing Britain’s public debt crisis and has set out 12 point business plan for the next government to be elected next year.

Its deputy director-general, John Cridland wants emphasis on the balancing of government’s books 2 years ahead of schedule declared by Chancellor Alistair Darling in government’s 2009 budget.

Cridland suggested that public finances should be brought under control by a combination of cuts in spending and improvement of public sector efficiency, including present outsourcing services to both third and private sector providers.

His remarks that the implementation of policies to balance the budget should wait until formation of next government, has agitated the Conservatives, who are in a hurry to introduce heavy spending cuts from next year.

• CBI’s 12-point business plan includes:

• Balancing public finances by 2015

• Re-engineering of public spending

• Priority for infrastructure investment

• Addressing pensions liabilities of public sector

• Improvement of the UK’s tax competitiveness as the centre of global business

• Development of strong banking system

• Developing global voice for the UK business

• Support to industry and enterprise

• Focus on reforms in secondary and higher education

• Addressing youth unemployment

• Priority to energy security

• Reduction in carbon emission

The government is already looking for ways to manage the current debt crisis through different means.