Thursday, 23 January 2014

Cameron: UK's Economic Recovery Will Need 'Patience'

BBC: Prime Minister David Cameron has told the BBC that a sustained economic recovery must be one which is balanced between "north and south".

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Speaking at the World Economic Forum in Davos, the prime minister said that the economy needs rebalancing.

He said: "In the case of Britain we need to rebalance our economy and make sure it's a north and south recovery - manufacturing as well as services."

But Mr Cameron said that economic recovery will take "patience".

He added that the government needs to deal with "excessive deficits and our broken banking system", but he was confident that the UK could attract investment and manufacturers. » | Thursday, January 23, 2014