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25/04/2009

Austerity Britain faces historically high debts. Will the Budget work?

Britain's debts are now worse than at any time since World War Two. But the Chancellor insists we're not as badly off as other countries. Is he right? Will spending cuts and taxing the rich do any good, or will it still take a generation to pay it all off? And is this the end of New Labour? The Government wants Britain to go green, but do their plans to decarbonise the economy add up?

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26 minutes