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A credible plan?

Britain faces a fight between pessimists and dreamers (FT, £) Both parties have fled the middle ground, writes Philip Stephens. Like the euro: the crisis has  subsided, but no one knows where it’s going next.

George Osborne’s credibility gap (Guardian) The Chancellor claims that he’ll balance the books and avoid tax rises, but his record so far is of failure, says Alistair Darling.

No one party can unite the divided nation

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