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UK Cameron puts economy centre stage

Wednesday, October 02, 2013 - 01:32

Oct 2 - Prime Minister David Cameron says Britain's economy has turned the corner since his Conservative party took power three years ago, but warns that the country's debt crisis is still not over. Hayley Platt reports

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They're trailing in the polls but the economy is looking up. And that says Britain's Prime Minister David Cameron is good reason to be optimistic. (SOUNDBITE) (English) BRITISH PRIME MINISTER, DAVID CAMERON, SAYING: "In May 2010, the needle on the gauge was at crisis point. People were talking about our country in a way they hadn't done so in decades. But three and half years later, we're beginning to turn the corner. The deficit is falling, our economy is growing, the numbers of our fellow countrymen and women in work are rising. We're not there yet, not by a long way, but my friends, we are on our way." He was speaking at the end of his conservative's party annual conference. And with an election looming in 2015 was clearly in fighting mood. (SOUNDBITE) (English) BRITISH PRIME MINISTER, DAVID CAMERON, SAYING: "Last week Labour proposed to put up corporation tax on our biggest and most successful employers. That is just about the most damaging, nonsensical twisted economic policy you could possibly come up with and we will fight it every step of the way." Cameron had to form a coalition with the Liberal Democrats to rule after the last election. But they have very different views on Europe. A vote is due to be held on EU membership if the conservatives win again. But it's a big if. Stagnant wages and rising living costs have left the Conservative party vulnerable to a charge from the Labour opposition. There may be signs of an economic upturn - but most people aren't feeling the benefits yet.

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UK Cameron puts economy centre stage

Wednesday, October 02, 2013 - 01:32