Chancellor’s ominous speech to business leaders in Cardiff suggests he knows some nasty piece of news we don’t – possibly about the budget deficit
Britain faces a “dangerous cocktail” of threats. There is a culture of “creeping complacency” that the economy is problem free. The biggest risk is that people forget about the recession and assume that it is “job done”.
Business leaders who turned up to listen to George Osborne in Cardiff on Thursday could be forgiven for wondering what’s happened to the chancellor who delivered such an upbeat autumn statement six weeks ago.
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