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Sunday, October 07, 2012

Britain must cut more to reduce deficit - David Cameron

LONDON (Reuters) - Britain must find more spending cuts to reduce the budget deficit, Prime Minister David Cameron said on Sunday, after a return recession this year raised speculation the government was set to miss its deficit reduction targets.

Cameron told the BBC that the Conservative-led coalition government was determined to stick to its plan to erase what was a record budget deficit when he came to power in 2010.

Britain's Prime Minister David Cameron waves as he leaves after a meeting with Brazil's President Dilma Rousseff at the Planalto Palace in Brasilia September 28, 2012. REUTERS/Ueslei Marcelino
Britain's Prime Minister David Cameron waves as he leaves after a meeting with Brazil's President Dilma Rousseff at the Planalto Palace in Brasilia September 28, 2012. REUTERS/Ueslei Marcelino

The government delivers new economic and borrowing forecasts on December 5.

(Reporting by Guy Faulconbridge and Matt Falloon)

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