Exact(38)
Record debt.
"Voters are rejecting the policies that led to record debt and diminished economic freedom".
A reformed Europe would see that it is not possible to outgrow this record debt.
It is the first privatisation deal done by the coalition government as it sets about slashing Britain's record debt.
So far, neither the falling market nor the record debt levels seem to be turning off consumption or halting investment.
As France struggles with record debt and the eurozone crisis, one problem above all worries the French, according to President Nicolas Sarkozy.
Similar(20)
Extract from Osborne's speech: "This Budget reaffirms our unwavering commitment to deal with Britain's record debts.
Xstrata, the mining industry's serial acquirer, is highly geared, and giant Rio Tinto has record debts thanks to its purchase of Alcan.
But for the chancellor who pledged to deal "decisively with our country's record debts" in his first budget statement in June 2010, today is likely to be a difficult end to a tricky year.
Labour may have thought it was funny, after crashing the economy and racking up record debts, to leave a note on David Laws' desk saying: "there's no money left".
So if living standards were to rise thanks to a rise in wages, they would almost certainly be simultaneously depressed by a rise in mortgage and other interest rates on households' record debts.
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