British Prime Minister David Cameron, who led the Liberal Conservative Coalition emphasized the need to tighten government spending to immediately cut the deficit as the state public records of the previous government.
"The national interest that we do the right thing, and it's not an easy thing to put off," Cameron said as quoted by AFP on Sunday (01/02/2011).
He said if in doing these steps, the government should be clear where the English have a future is really bright to be expected. However, the opposition Labor Party says the government is putting the risk of a fragile economic recovery from recession to reduce the deficit by 150 billion pounds, or approximately USD231 billion.
"We expect to see workers in both public and private sector not to strike out in this work and against a strong attack in terms of pensions and living standards," said Chief Militants States Transportation RMT, Bob Crow.
As is known, the number of unemployed in the UK has reached 2.5 million people and is expected to rise further in 2011.
On the other hand, the Bank of England this year, hopes began to raise its key interest rate from a record low level of 0.50 percent to combat higher inflation.
Meanwhile, the CBI, which represents Britain's main business index, which is blocked by a tightening undertaken by the government admits that the country's economy in 2011 will be difficult because of spending cuts, the increase in VAT debt, and worries about the euro zone.
"However, the CBI forecast in line with the consensus view suggests that growth in private sector investment and trade will begin to rise in the second half of this year, and then continues into 2012," said Chairman of the CBI, Richard Lambert.
He said this will bring GDP growth of two percent in 2011 and 2.4 percent in 2010, after not much to talk about the recovery phase but enough to keep the number of unemployment and public finances under control.
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