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UK 'prepared for economic storm'

Updated on 25 October 2008

Source PA News

Britain is "better prepared" than other countries to weather the global economic storm, Gordon Brown has insisted despite the UK recording its worst economic performance for 18 years.

The Prime Minister defended his handling of the nation's finances as he campaigned in Scotland for the Glenrothes by-election - while fellow European leaders met Asian counterparts in China to discuss the crisis.

"Because of the work we have done over these last 10 years we are better prepared to deal with what is a world financial problem that's hitting every country," he declared. "We are taking the action necessary because we are building on some of the strongest foundations that have been created over the last 10 years."

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