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
The positive news is that the British economy is continuing to grow and is creating jobs. And it is positive news too that at a time of real international instability we are a safe haven in the storm. – George Osborne
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