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David Cameron: our plan to cut debt is failing

The Daily Telegraph, 22 November 2011
Publié le : 22 novembre 2011
 James Kirkup, and Robert Winnett 

The warning comes as the global economy stands on the brink of a chronic debt-driven recession.

The Prime Minister on Monday conceded that tackling Britain's debts was proving harder than anyone envisaged, raising the prospect that the Coalition would be unable to close the deficit by 2014-15.

That would rule out any significant tax cuts before the next election. It also raises questions about the Coalition's fundamental purpose.

Departing from the deficit-reduction timetable could raise fears that Britain will face rising borrowing costs as bond markets take fright.

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Mise à jour le 22 novembre 2011
Créé le 22 novembre 2011
ISSN 2107-7029
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