PM fails to rule out more austerity

Press Association
David Cameron
David Cameron

David Cameron has conceded that he cannot envisage a time when the UK economy will not be under pressure as he failed to rule out austerity measures having to continue into the next decade.

Falling inflation was good news, he told The Daily Telegraph in an interview conducted before the publication of improving unemployment statistics. But he said the situation remained "a lot tougher than forecasters were expecting".