» Wednesday, April 25, 2012

Economy

Asked whether the PM was planning to make a speech about the economy, the PMS said the Government was going to stick to its plans on the economy, reducing the deficit to keep interest rates low.

Asked whether the PM agreed that the recession had been made in Downing Street, the PMS said that the country had experienced a very deep recession and a severe financial crisis. We were not immune to what was happening other countries and the recovery would be tough.

Asked whether households were partly to blame for building up big debts, the PMS said that the previous boom had seen a big build up in the debts of households, business and financial institutions.

original source.

Briefing took place at 15:45 | Search for related news

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