George Osborne, Shadow Chancellor, speech to The Conservative Party Conference 2009

Britain is emerging from a severe recession, facing a significant budget deficit. To prevent rising interest rates and unemployment, decisive action is needed. The Conservative government aims to strengthen public services and society, addressing the issues created by Labour.

What is the current economic situation in Britain as described in the text?

What is the largest budget issue facing the country?

What are the potential consequences of not addressing the budget deficit?

What actions does the Conservative government plan to take regarding public services?

According to the text, who is responsible for the current economic mess?