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Economy is worse under us, says Cable
Vince Cable has admitted the 'brutal reality' that Britain's economy is in a worse state than it was when Labour was in power
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Vince Cable has admitted the 'brutal reality' that Britain's economy is in a worse state than it was when Labour was in power
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He admitted ministers had failed to foresee the current economic problems, blaming a 'major crisis' in Britain's export markets and the sharp increase in energy prices for the flatlining economy.
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'Clearly the economy is poorer than it was a couple of years ago, and that is the brutal reality,' he said. 'We knew it would be difficult and unpopular, but we didn't know that there would be a major crisis in our export markets and that energy prices would shoot up.'
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http://www.dailymail.co.uk/news/arti...recession.html
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