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Treasury Minister defends cutting debt despite economy shrinking

25 January 2011 Last updated at 14:29 GMT

Treasury Minister Justine Greening explained how the shock contraction of the UK economy proved that the government was right to "have a plan to reduce this deficit to start tackling our debt."

She said the figures for the last quarter were disappointing, but it was not unusual to see a quarter of negative growth when coming out of recession.

READ MORE: Shock contraction in UK economy

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