UK has tough choices, Brown says

Chancellor Gordon Brown has praised the state of the economy but warned that difficult choices lie ahead if Britain is to continue to prosper.

In his annual Mansion House address, Mr Brown warned that clinging to the past would be “fundamentally wrong”.

Instead the UK must look to change its pension, transport, infrastructure, energy and welfare policies so it can meet the challenges of globalisation.

Long-term, consensus-backed plans must replace short-term fixes, he said.

BBC