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

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

Deficit will drop to £74bn by 2014-2015

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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