How David Cameron Could Boost U.K. Growth

This isn’t how David Cameron’s austerity program was supposed to work. When he took office in 2010, the British prime minister announced deep cuts in public spending, promising that the temporary pain would protect the country’s credit rating and restore its economic health.

Three years later, the economy looks sicker than ever, the Fitch and Moody’s ratings agencies have stripped British sovereign debt of its AAA grade, and the government’s budget deficit still sits at a worrisome 7 percent.

link: What kind of adjustments, though?