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Labour plans greater powers for economic watchdog

Responding to the Labour policy, Andrew Griffith, the economic secretary to the Treasury, said: “The Conservatives created the OBR to curb Gordon Brown’s reckless spending binge. The current Labour Party is on the same, destructive path with their plan to borrow £28 billion a year which would fuel inflation and push up interest rates even further.”

www.bbc.co.uk

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