As fears grow about an economic downturn George Osborne releases this statement:

"Gordon Brown could have used the boom years to prepare Britain
for the lean years. But thanks to his economic incompetence, he failed
to take the tough long term choices and so we are not well prepared to
deal with the difficult economic times that may lie ahead.

has given us no room for manoevre with the highest budget deficit in
Europe. His part-nationalisation of Northern Rock is a 1970s solution
that damages the reputation of Britain as a home for financial
services. And his tax and regulatory rises have made our economy less

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