UK Chancellor George Osborne's austerity plan has received the backing of the US Treasury Secretary.
Timothy Geithner told the BBC that he was "very impressed, as just one man looking from a distance, at the basic strategy that he's adopted". He said Mr Osborne had been handed "problems not created by this government". But he said the chancellor had "locked his government and the coalition into a set or reforms that are very good". MORE...
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