Brown claims he will help economy recover

News Article - Friday, May 16, 2008

filed under: Regulatory

The prime minister has stated that he is the right person to be in charge of the British economy in the wake of the credit crunch.

According to Gordon Brown, he is taking the correct action to get the economy back on track and minimise the effects of a global credit squeeze.

Mr Brown told a press conference at Downing Street that a series of "international factors" had affected the UK economy, including soaring oil and food prices.

"Of course there are many people who could take over but I think I can steer this economy through difficult times," he told the BBC.

The former chancellor has insisted that he will lead the Labour party into the next general election and pointed out that he had spent 11 years "building a strong economy in this country".

Mr Brown has faced criticism this week for launching a £2.7 billion package of tax cuts in the wake of the row over the decision to scrap the 10p tax rate.

Companies can manage their finances more effectively during the economic downturn by investing in accounts software.

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