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In an exclusive interview with the Sunday Telegraph, Lord Lawson has declared that in spite of fears of an economic slowdown, "it is absolutely imperative that George is now a start.

In an interview with large-scale wherein he touched on the financing of the University, climate change and fears of a global war money, Lord Lawson, who was 1983 to1989 No11 urged Mr. Osborne, make a "great start" with CSR, which will be announced Wednesday at 12: 30 pm at the House of Commons.

"There is always, of course, a limit in a democracy on what is politically possible so that you must comply with this limite.Mais according to my experience, Governments tend to be too shy," he said.

It also revealed that he did not believe that the Chancellor is serious in its threats to levy a new tax on the premiums of the Bank - Mr. Osborne threatened week last session of the international monetary fund in Washington.

Lord Lawson has been warned bankers do step to be "so sensitive" on excessive compensation critics.

"I have not recently discussed with George, but I suspect he does not really wants to introduce new taxes [on premiums] .but I think is trying to say banks, except if you go to behave with sensitivity more then you have to pay higher taxes."

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