Economy May Scupper Labour's Election Bid

Daily MailDecember 01, 2004

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Summary


RISING interest rates, falling house prices and growing pressure to raise taxes or slash spending will hit Labour's bid to win an historic third term next year, Gordon Brown was warned yesterday.

One of the world's leading economic think-tanks, the Organisation for Economic Co-operation and Development, said Britain was facing a testing period over the next 12 months.

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Extract


Economy May Scupper Labour's Election Bid

Its warnings are a blow for the Chancello...

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