There was a real fear that a euro-zone bank might fail, that wed have a sovereign debt problem in one of the larger European economies. Thats dissipated, thanks largely to the action of the European Central Bank. – George Osborne
I had the closest thing I have ever had to an out-of-body experience lying in bed one morning. I turned on the Today programme and item four on the news was: The shadow chancellor has ruled himself out of the leadership. I lay there thinking thats interesting, then I realised it was me. – George Osborne
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