UK Economy at Risk: Cameron
The government is putting the British economy and the pound at risk with its £20bn “borrowing binge”, Conservative leader David Cameron has said.
He called for an election so voters could stop a “fundamentally bad decision” being made which would leave the UK in a “dreadful” situation.
He also said he would not match Labour spending plans for 2010 and beyond.
The government says there is almost “universal consensus” in favour of a stimulus and dismissed election calls.
The prime minister’s official spokesman responded to questions about an election by saying:
“What the public expects is for the government to govern and that is what we are doing.”
Mr Cameron’s comments came as a raft of data was released showing the economic downturn continuing.
The British Retail Consortium reported UK retail sales down 0.4% in November on a year earlier.
The Office for National Statistics said manufacturing output fell in October by 4.9% on a year earlier and the Royal Institution of Chartered Surveyors said sales per estate agent fell to 10.6 in November – the lowest level since the survey began in 1978.
Source: BBC News.
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