Chancellor George Osborne
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George Osborne 'going to secure the recovery'

George Osborne has said the British economy is "out of intensive care", ahead of this week's spending review in which he will outline £11.5bn in public spending cuts.

A lack of growth in the past three years means his plan to eliminate the deficit during this Parliament has had to be changed, with further reductions in spending likely after 2016.

He told Sophie Raworth on the Andrew Marr Show spending on areas of public concern, such as the military covenant, would continue to be supported, in part by money raised from fines imposed for the Libor bank interest rate-fixing scandal.

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