Page last updated at 12:33 GMT, Thursday, 25 February 2010

Shadow chancellor Osborne promises honesty on cuts

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George Osborne has said that if elected a Conservative government would spend the summer working to identify detailed spending cuts and would announce the results in the Autumn.

The shadow chancellor also confirmed that an emergency budget would held within 50 days of the election, setting out his overall economic approach.

Stephanie Flanders reports.

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