Osborne warns 2014 will be 'a year of hard truths'
Britain's economy is "on the rise" but much more needs to be done and 2014 will be a "year of hard truths", Chancellor George Osborne has warned.
Speaking in Birmingham, Mr Osborne also suggested that a further £25bn spending cuts would be needed after the next election in order to tackle the deficit.
06 Jan 2014
- From the section Business