Round-up: Osborne to admit UK will miss deficit reduction target

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Chancellor George Osborne is set to come under more pressure as it emerges the UK will miss its deficit reduction target whilst leader of the opposition Ed Miliband prepares to unleash a further attack on the coalition's economic policy…here's our roundup of the nationals.

George Osborne is braced to admit this month the scale of Britain's economic slowdown, demonstrated by youth unemployment spiralling to more than 1 million, means he will be unable to meet his main deficit reduction target before the next election. MORE... Labour leader Ed Miliband is to repeat his calls for the Government to "change course" to save Britain's economy from hitting a new low in a speech today. MORE... The wave of City redundancies has prompted finance professionals to warn that several thousand investment banking industry jobs could be lost in the coming months. MORE...

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