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Snippet Contents:

We are making progress and in doing this I am setting out the likely levels of future revenue consolidation to reassure people and to boost their confidence. This will help businesses to plan and to invest and it will encourage people to plan their spending. It will allow the markets to assess the sustainability and credibility of our fiscal strategy in the full knowledge that what we have undertaken to do, gets done. We are now well on the road to recovery so let us look to the future with confidence.