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British PM defends recession tactics

by Adeline Teoh   Tuesday 2 March 2010 8:12 am  

British Prime Minister Gordon Brown has defended his government’s decision to nationalise financial institution Northern Rock and take control of the banks, saying the move helped saved families and jobs.

Brown attacked The Conservative Party, which plans to campaign with ‘Vote for Change’ at the next general election, by saying their policies have remained the same for a century.

“They would make the wrong changes at the wrong time for the wrong reasons to benefit the wrong people,” said Brown. “And let us be in no doubt. They are not the party of change for families, but the party that would short-change families.”

He pointed out that the savings of ordinary families had been protected “by a decision made by a Labour Government on behalf of and with the support of the British people – and in the face of the ideological opposition of the Conservative Party”.

The beleaguered PM said he will campaign on a platform of employment.

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