
This year will be "the year of hard truths" with more "painful cuts" needed to put the economy on a sustainable footing, George Osborne is to say. He will say in a speech in Birmingham later that permanently cutting spending is the way to permanently cut taxes. via Pocket http://www.bbc.co.uk/news/uk-politics-25617844#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
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