The Rt. Hon. Dr. Liam Fox MP gave a speech to the Institute of Economic Affairs (IEA) discussing 'the right approach for Britain's economy' ahead of the 2013 Budget.
Mark Littlewood, director general at the IEA, said:
“This is a welcome and timely contribution to the debate about how to get the country’s finances in order. For all the government’s talk of austerity, cuts in spending have been feeble. By the end of this parliament, the coalition will have actually added around £600 billion to the national debt.