Growth Forecasts for Economy Are Realistic, Darling Tells Committee ; Politics

Summary


Alistair Darling insisted his growth forecasts for the UK economy remained "realistic" yesterday despite the turmoil engulfing global financial markets.

The Chancellor said the collapse of US investment bank Bear Sterns this week had not changed his view that Britain would ride out "shocks" from the credit crunch.

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Growth Forecasts for Economy Are Realistic, Darling Tells Committee ; Politics

He pointed to new figures showing unemployment had fallen as evi...

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