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George Osborne: UK has run out of money

Publié par Clifford Armion le 27/02/2012

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Rowena Mason

In a stark warning ahead of next month's Budget, the Chancellor said there was little the Coalition could do to stimulate the economy.

Mr Osborne made it clear that due to the parlous state of the public finances the best hope for economic growth was to encourage businesses to flourish and hire more workers.

The British Government has run out of money because all the money was spent in the good years, the Chancellor said. The money and the investment and the jobs need to come from the private sector.

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"George Osborne: UK has run out of money", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), février 2012. Consulté le 20/04/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/george-osborne-uk-has-run-out-of-money