P502 Teletext 303 Jun19 11:11:12         —————————————————————————————  "TAX CUTS TO BOOST SPENDING" Consumer spending is set to pick up sharply next year and through into 1997 through tax cuts which are likely to come in next April, a report forecast. In 1994 and 1995, economic growth has been largely export-led and this has largely benefited manufacturing. But Budget tax cuts could mean domestic spending becomes more important, says Industry and the British Economy. ——————————————————————————————————————— Financial headlines 300 City index 301 TAX, SAVINGS, MORTGAGES - SEE p540 Next Headlines Shares Family Finance