4/23/2009

Amid a deepening downturn and an International Monetary Fund forecast of a feeble recovery beginning next year, U.K. Chancellor Alistair Darling presented Parliament with a budget that gambles on growth returning to Britain's economy "towards the end of this year" and a rate of growth in 2010 much greater than what many economists predicted. Vince Cable, Treasury spokesman for the opposition Liberal Democrat party, said the government had been "totally dishonest" in anticipating a "spectacular" recovery.

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