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More needed to get the economy moving

Prime Minister David Cameron has recently made claims that the UK is in a better financial position than it was back in 1930. He denied claims that the slump witnessed over 80 years ago was similar to that of now.

He said: "We are obviously facing in Europe a difficult set of circumstances that is harming our growth and our prospects and its going to take time to fix. Frankly, Britain needs to roll up its sleeves and do everything we can to get our economy moving."

Since taking office in 2010 the UK’s budget deficit has been cut by a quarter but the Prime Minister stated that there was room for more movement.
He said that the government would not "go on a spending and borrowing spree" and would ensure interest rates at a record low would be transferred to business and home owners.

Commenting on the Eurozone current crisis he said he was sure that the Eurozone leaders understood the seriousness of the situation but was frustrated the hesitant and almost lethargic manner in which they respond to the ordeal.

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