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The economy has fared far worse than the OBR predicted in March and Osborne may find it impossible to meet his debt target to start reducing debt as a share of the economy by 2015 without risking the recovery by announcing further austerity measures.

Photographer: Chris Ratcliffe/Bloomberg

The economy has fared far worse than the OBR predicted in March and Osborne may find it impossible to meet his debt target to start reducing debt as a share of the economy by 2015 without risking the recovery by announcing further austerity measures.
October 19, 2012
Article
U.K. Budget Data Signal Smaller Overshoot for Osborne: Economy
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