Austerity May Last Beyond 2020, Says Cameron

SKY News

The Prime Minister admits the economic crisis is far worse than expected and warns he cannot predict when the cuts will end.

David Cameron has admitted he cannot envisage a time when the austerity programme will end and failed to rule out spending cuts lasting until at least 2020.

The Prime Minister welcomed falling inflation as a good sign but admitted the economic crisis had been far worse than expected and could blight Britain for years.

Mr Cameron, in an interview with The Daily Telegraph, said: “This is a period for all countries, not just in Europe but I think you will see it in America too, where we have to deal with our deficits and we have to have sustainable debts.

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