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Clegg to blame big cuts in spending on 'bankrupt' Labour

Publié par Clifford Armion le 14/06/2010

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Andrew Grice

"Nick Clegg will defend the Government's plans for deep spending cuts today as its independent forecaster prepares to paint a grim picture of the state of the economy.

"In a speech in London, Mr Clegg will prepare the ground for a big squeeze on spending and some tax rises to be announced in next week's Budget - and seek to pin the blame on Labour. He will accuse Labour of being "in denial" about the public finances and taking the country to the brink of bankruptcy.

"In its first report, the Office of Budget Responsibility (OBR) is expected to downgrade the former Labour chancellor Alistair Darling's forecast that the economy will grow by between 3 and 3.25 per cent next year. Its figure is likely to be closer to the 2.1 per cent average prediction by City experts. If there were a similar downgrading for 2012, the public finances could be £26bn a year worse off, the accountancy firm Grant Thornton said yesterday."

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Pour citer cette ressource :

"Clegg to blame big cuts in spending on 'bankrupt' Labour", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), juin 2010. Consulté le 15/04/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/clegg-to-blame-big-cuts-in-spending-on-bankrupt-labour