`We'll spend way out of recession`
Updated on 20 October 2008
Gordon Brown has insisted the Government would still go ahead with plans to spend its way out of the looming recession, despite a massive rise in public sector debt.
Official figures showed net borrowing hitting a record £37.6 billion between April and September - higher than the whole of the previous year.
The sharp increase left Chancellor Alistair Darling's forecasts of £43 billion of borrowing this year in tatters and led to warnings that debt could balloon to £120 billion in three years.
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