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Budget 2010: Deficit will be slashed to £74bn by 2014-2015

by David Jetuah

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24 Mar 2010

The public spending deficit will fall to £74bn by 2014-2015, to lower levels than previously forecast.

Alistair Darling said the current deficit was £11bn lower than the suggested £178bn.

The deficit would decrease to £131bn, in 2011-2012, £110bn by 2012-2013, £89bn in 2013-2014 and £74bn by 2014-2015.

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