'This is as bad as a world war': Bank of England boss's grim view of financial crisis which has left a debt 'that will be paid by our grandchildren'

Daily Mail
"Andrew Haldane: People 'had every reason' to feel 'deeply upset and angry'- George Osborne to admit bringing public finances back to order will take longer than expected - He has to find more than £23bn through further cuts and tax rises by 2017 Institute of Fiscal Studies said era of austerity could last until 2018"