Tag: UK Office for Budget Responsibility's

• Sunday, March 10th 2013 - 11:38 UTC

  PM Cameron fumble turns austerity and budget cuts policy into a national debate

  

  Prime Minister David Cameron was reprimanded by a budget watchdog for claiming that it did not see his austerity agenda as a drag on Britain's economy. In a speech on Thursday, Cameron said his deficit-cutting agenda was not responsible for the country's depressed growth rate which was instead caused by the financial crisis, the Euro zone's problems and higher oil prices - a view he said was endorsed by the independent watchdog.