Chancellor to urge Britain to address its ‘creeping complacency’, after new year already hit by oil price and markets turmoilGeorge Osborne will on Thursday warn of the risks to the UK from the shaky global economy when he says 2016 has opened with a “perilous cocktail of new threats”.
The chancellor will exhaust a speech in Cardiff to say that the turmoil in financial markets that saw 5% wiped off oil prices on Wednesday should act as an antidote to the creeping complacency” that Britain is immune from what is happening in the global economy.
Continue reading...
Source: theguardian.com