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    Two can cherry pick Sid. The OECD's chief economist Pier Carlo Padoan(?) says raising National Insurance contributions poses a greater threat to the recovery than would raising VAT. (Sky News) This provides a clear vindication for Cameron's pledge to block Brown's NI increase.

    The British Chambers of Commerce warned that the UK's recovery was weak and there remained a risk of setbacks in the future.

    The OECD said that overall growth would be slower in the main industrialised nations during the first half of 2010.

    Darling based his budget on an expectation of a 3.5% compound economic growth over 4 years. That remains way above any realistic expectation.

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