Spending Review: All the key points

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Chancellor George Osborne has unveiled a range of cuts to government spending, aimed at bringing the UK's burgeoning deficit under control.

George Osborne: - "It is a hard road but it leads to a better future." - "Today is the day when Britain steps back from the brink." - "Tackling this deficit is unavoidable. The decisions about how we do it are not. There are choices - today we make them" - The UK is paying £43bn a year in debt interest, Osborne says. - "Debt interest payments will be lower by a total of £5bn over the course of this review." - Osborne says debt interest payments will be lower by £1bn in 2012, £1.8bn in 2013 and £3bn in 2014. - "It takes time to turn around the debt supertanker" - Osbo...

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