Autumn Statement: No miracle cure for economy - Osborne

Gerald · 12-05-12, 02:46 AM

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Chancellor George Osborne will tell MPs there is "no miracle cure" to the UK's economic problems when he delivers his Autumn Statement.

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Mr Osborne makes his statement to MPs against a gloomier economic background than forecast in March's Budget.

He will say the coalition are "confronting the country's problems" and insist he is not ducking the "hard work" of reducing the deficit.

Labour has called the government's economic policy "a terrible failure".

The chancellor will set out the state of the UK economy and his deficit-cutting programme from 12:30 GMT.

He is expected to say: "In this Autumn Statement, we show that this coalition government is confronting the country's problems, instead of ducking them.

"The public know that there are no miracle cures. Just the hard work of dealing with our deficit and ensuring Britain wins the global race."

http://www.bbc.co.uk/news/uk-politics-20600442

UK will cope with this, I am convinced.

Note: 5 December 2012 Last updated at 03:51 GMT

TLAM Strike · 12-05-12, 07:58 AM

Me as the ignorant American I am immediately thought "What does Ozzy know about economics?"

Herr-Berbunch · 12-05-12, 08:07 AM

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Originally Posted by TLAM Strike

Me as the ignorant American I am immediately thought "What does Ozzy know about economics?"

The answer is - more than this other Osborne.

Jimbuna · 12-05-12, 08:51 AM

Quote:

Originally Posted by TLAM Strike

Me as the ignorant American I am immediately thought "What does Ozzy know about economics?"

Quote:

Originally Posted by Herr-Berbunch

The answer is - more than this other Osborne.

Must say I'm well happy he's dropped the proposed 3 pence extra duty on a litre of fuel

Gerald · 12-05-12, 09:19 AM

How much cost a liter of petrol, where you live,

Jimbuna · 12-05-12, 09:23 AM

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Originally Posted by Vendor

How much cost a liter of petrol, where you live,

£1.33

Herr-Berbunch · 12-05-12, 09:20 AM

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Originally Posted by jimbuna

Must say I'm well happy he's dropped the proposed 3 pence extra duty on a litre of fuel

Yeah, Sharon's started driving herself around a bit more nowadays so she had a word in his shell-like.

Jimbuna · 12-05-12, 09:27 AM

Quote:

Originally Posted by Herr-Berbunch

Yeah, Sharon's started driving herself around a bit more nowadays so she had a word in his shell-like.

Oh we are sharp today

12-05-12, 07:58 AM	#2
TLAM Strike Navy Seal Join Date: Apr 2002 Location: Rochester, New York Posts: 8,633 Downloads: 29 Uploads: 6	Me as the ignorant American I am immediately thought "What does Ozzy know about economics?" __________________

12-05-12, 09:19 AM	#5
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,254 Downloads: 553 Uploads: 0	How much cost a liter of petrol, where you live, __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie