LONDON (MNI) – UK Prime Minsister David Cameron has said that the
government must stick to its deficit-reduction plan and continue with
its attempts to rebalance the economy.
“We can’t let up on the difficult decisions that we made to cut
public spending and to get our deficit and our debt under control…
when you’ve got a debt problem the one thing you mustn’t do is keep
adding endlessly to that debt,” Cameron told an audience in a tractor
factory in Essex.
“We’ve got to keep our interest rates low… it’s right to keep
with the tough decisions that we’ve made,” he added.
Cameron also said that the UK needs to rebalance its economy away
from a its dependence on state spending and financial services.
“We’ve got to rebalance our economy. When we came in the government
was too big and the private sector was too small. We had lots of jobs in
finance but not enough jobs in manufacturing. We had a lot of wealth
concentrated in the south of the country but not enough spread around
the country. We’ve got to rebalance in all of those ways,” Cameron
added.
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[TOPICS: M$B$$$,MGB$$$]
