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UK’s Osborne: Sticking to austerity paid off

Tuesday, October 22, 2013 - 01:33

Oct. 22 - The UK’s Chancellor of the Exchequer George Osborne says the UK has seen the benefits of sticking with a clear economic plan, but admits the job is far from done.

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Well I think we see the benefits in the camp having a clear economic plan and sticking to -- I'm dealing with the hold in the public finances has been a really important Paul's fit when I came to office on a budget deficit for 11%. Went -- -- reserve currency on the -- the US we get less that last achieved. Global markets. But it's -- Paul weevils I've made a big effort to make our economy more competitive. Cuts in corporation tax down to the lowest rates of any major economy in the world. Making big decisions are trying to invest in infrastructure. And -- this week we've restock it for civil nuclear program off to twenty is a great example of that take. All this the the unity of all humans about -- name plan B and the public finances have been the main thing that is that dominated the economic coverage of politics. It I wouldn't say it's the only part of all economic plan that we have stuck to it and so it's two to live. Thought -- the job is very far from done there is a recovery on the way. Britain is stable and as I've sent up. Plenty of risks out you know we've just been talking about the problems in the US that you arisen remains still very weak and -- and that is troubling. Because that's a pixels of well RX but the destination for exports ovals and that full well that citizens in Europe. And and I would also say it Dave Spitzer and improving economic situation UK. Does not automatically lead to a windfall for the public finance.

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UK’s Osborne: Sticking to austerity paid off

Tuesday, October 22, 2013 - 01:33