Chancellor George Osborne said "Britain is on the mend" and its recovery "on track" as he set out a new blueprint for growth following the OBR's growth projections.
Speaking in the House of Commons after the OBR upped GDP growth for 2010 to 1.8%, Osborne said the country was "out of the danger-zone" and set on a path of sustainable growth. "When we came into office Britain was in the financial danger zone," he told MPs. "Our economy was unstable, our public finances out of control, our country on the international watch-list to avoid. "Now the independent Office for Budget Responsibility have confirmed the British recovery is on track, our public finances are under control, a million jobs are set to be created, and our economy is rebalancing." ...
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