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In spite of the strong growth this year, some economists have warned that plans to cut public spending over the next four years ￡ 81 billion Coalition may slowdown of the British economy next year.

Chris Huhne, Secretary of energy, has suggested that in such situations, the coalition could reduce the extent of the cuts in this case, Mr. Osborne to questions from members of Parliament on whether it has a "Plan B" for the economy.

The Chancellor pointed out that it would not change its plans for cuts and it has been suggested that in the case of a slowdown, the Bank would be responsible for providing the impetus for the economy.

"I think we have A fairly robust plan", Mr Osborne said the Commission of the Treasury.

The Chancellor said that reducing expenditures and reduce the government deficit, the coalition could reduce pressure on inflation, rising giving greater scope for action monetary policy Committee.

He said: "the Governor of the Bank of England has observed that a robust fiscal policy gives more flexibility in monetary policy and it is the principle, I am of economic policy.

He added: "monetary policy is the primary tool for creation and regulation of the application."

"Financial credibility allows the CPC doing what it should do, raising interest rates decrease in the rate of interest or use of any other policy monétaire.Il tool giving flexibility."

MEPs on the Committee of public accounts this week raised fresh doubts the ability of the delivery of the reductions provided for in the face of opposition from the public sector workers and some voters coalition.

Mr Osborne said he was convinced that the Government will do its cuts. ""Interrogation point that they will always be, we can see the measures through, and I believe that we can", he said.

The Chancellor also revealed that budget next year take place on 23 March, promising to reveal a "new framework" for the expenditures on such elements as social security in the statement.

Official figures, last month showed that the economy increased by 0.8% between July and September, much faster than anticipated and spark optimism that the UK will help to avoid a double dip recession.

However, many economists believe that spending cuts and VAT rise in January could still slow the economy to the point where the Bank must take more into account quantitative easing.

A survey of Bloomberg economists of the City provides the Bank injected another 50 billion pounds in the next year's economy.

Richard Barwell, RBS economist to former Bank official cuts said Mr. Osborne make more likely the Bank will print more money.

"More stringent fiscal policy means other things equal, you'll need relaxation of monetary policy, it is yet another reason for the Bank get his hands", he said.

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