Mr Speaker, this Coalition came into office with a commitment to address - with firmness and resolve – one of the biggest economic crises of the post-war era. The action we have taken - together with the British people - has:
- Brought the deficit down by a third;
- Helped a record number of people into work; and
- Taken our economy back from the brink of bankruptcy.
And it allows us to say that, while recovery from such a deep recession can never be straightforward, Britain is moving out of intensive care - and from rescue to recovery.
Today, we announce the latest action to secure the recovery.
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