Osborne tries to win back trust after 'wobble' on spending cuts
"George Osborne invited voters to judge an incoming Tory government on an eight-point "contract" on economic policy yesterday but refused to spell out how deeply the Conservatives would cut public spending this year.
"The Shadow Chancellor laid out eight key "benchmarks" but came under pressure from business leaders to reveal more detailed proposals on cuts. He admitted he was taking a "political gamble" by making his first priority to safeguard Britain's AAA credit rating on the international markets because some investors believe there is an 80 per cent chance of a downgrade. His pledge could backfire spectacularly if Britain were downgraded soon after a Tory election victory."
Pour citer cette ressource :
" Osborne tries to win back trust after 'wobble' on spending cuts", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), mars 2010. Consulté le 05/12/2023. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/osborne-tries-to-win-back-trust-after-wobble-on-spending-cuts