UK to dodge Greek fate with tough budget: Osborne (Reuters)

LONDON (Reuters) - The biggest threat to Britain's economy is its huge budget deficit, and an emergency budget on Tuesday will save the country from the fate of debt-stricken Greece, British finance minister George Osborne said on Sunday.

LONDON (Reuters) - British finance minister George Osborne said on Sunday that he would stick with his deficit-reduction program when he presents a half-yearly fiscal statement on Wednesday, despite weak economic growth. "It's clearly taking longer to deal with Britain's debts, it's clearly taking longer to recover from the financial crisis than anyone would have hoped, but ... to turn back now ... would be a complete disaster for our country," he said in a BBC television interview. ...

LONDON (Reuters) - British finance minister George Osborne said on Sunday that he would stick with his deficit-reduction program when he presents a half-yearly fiscal statement on Wednesday, despite weak economic growth.

Joe Weisenthal:

We have a long-term economic plan… I intend to see my way through to the end until we are balanced VICTORIA, British Columbia – Finance Minister Jim Flaherty said on Friday he intends to stay in his job until the federal budget is balanced, a goal set for 2015, shrugging off speculation that he might step down next year. Flaherty, 62, has been finance minister since 2006, making him the longest-serving cabinet minister in the Conservative government of Prime Minister Stephen Harper.