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Page last updated at 09:51 GMT, Wednesday, 30 November 2011

'We don't know where we're going' on economy

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The chancellor's Autumn Statement announcement yesterday was a bitter pill for many to swallow, with a freeze on public sector pay and jobs, more austerity measures to come over the next six years and a downgrading of the UK's growth forecast.

The Sunday Telegraph's political columnist Matthew D'Ancona and Frances Cairncross, economist and rector of Exeter College Oxford, discuss the political and economic implications.


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