George Osborne has been warned by the IMF that he risks further damaging the economy unless the pace of austerity slows and he faces up to the country's "growth challenge".

Read more http://telegraph.feedsportal.com/c/32726/f/568312/s/24777c45/l/0L0Stelegraph0O0Cfinance0Ceconomics0C960A82760CEase0Eoff0Eon0Eausterity0EIMF0Ewarns0EChancellor0EGeorge0EOsborne0Bhtml/story01.htm