George Osborne, UK chancellor, has revealed the country will face austerity until 2018, one year more than previously signalled. Daniel Garrahan talks to George Parker, FT political editor, about whether the government has the political capital to pull it off, and Chris Leslie, shadow financial secretary to the Treasury, who says that without more investment in key areas, things will only get worse.
Filmed by Marc Taylor. Produced by Daniel Garrahan. Additional footage by Reuters