UK needs to cut deficit rapidly

Philip Booth discusses the fiscal crisis and the pound on Bloomberg TV

In this interview, Philip Booth talks about the pound, the UK budget deficit and the prospect of a hung parliament following the forthcoming general election. The pound has weakened against the dollar and the euro after polls showed Britain may have its first minority administration since 1974. Professor Booth speaks with Bloomberg's Andrea Catherwood.

View the broadcast here.
 

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