UK growth forecasts cut, austerity to last longer

LONDON (Reuters) - The British government unveiled sharply lower economic growth forecasts on Tuesday and said it would take longer than hoped to wipe out its deficit, meaning that tough austerity measures would extend beyond 2015.

29 Nov, 2011

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Source: http://www.reuters.com/article/2011/11/29/us-britain-budget-idUSTRE7AS10P20111129?feedType=RSS&feedName=businessNews
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