UK's troubled austerity drive

► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs

It's early days for the UK's austerity drive and it's not going well, UK chancellor George Osborne has had to downgrade growth forecasts well into the future in his Autumn Statement. Chris Giles, economics editor, Jonathan Guthrie, city editor and personal finance editor, Jonathan Eley discuss with Seb Morton-Clark what the chancellor's doing for the economy, business and Britons to get his recovery plan on track.


For more on the 2012 Autumn Statement visit: http://www.ft.com/intl/indepth/autumn-statement-2012