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Page last updated at 09:39 GMT, Friday, 19 February 2010

We need 'clear and concise' economic policies

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More than 60 senior economists have backed the Chancellor's policy of delaying cuts in government spending until 2011. In letters to the Financial Times warn that it would be "dangerous" for the fragile economic recovery to make cuts too soon. Their analysis is in contrast to other economists agreeing with the approach advocated by the Conservatives to cut public spending this year.

Economist Lord Skidelsky and Lord Jones, formerly Digby Jones and a former trade minister and director-general of the Confederation of British Industry, debate the best approach to tackling the budget deficit.

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