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Jun 7: Over-zealous cuts risk UK 'disaster'

Jun 7 2010  David Cameron on Monday warned that public sector pay, pensions and state benefits would face a squeeze as he prepared the country for the “painful times ahead” as the government deals with the £156bn deficit. Martin Wolf, chief economics commentator, says the government must set out its plan to eliminate the economy's structural deficit, but there is a serious risk that if the cuts are too brutal the country could return to recession.  (2m 54sec)
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