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23/01/2024
The prime minister dismissed as ridiculous David Cameron’s claims that Britain’s economic plight was so dire that the government could be forced to go the International Monetary Fund (IMF) for a bail-out. The conservative leader suggested that the IMF was an option because Britain was at risk of running out of money as a consequence of Labour’s policies. Gordon Brown stressed that the recession was caused by international factors, and the government had taken action to stop the banks collapsing and lending again, saying it was ‘a completely different kind of event from previous recessions’.
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