David Cameron has spoken out about the global economy, claiming it's close to crashing once more and states that a Labour government could not be trusted to guide the UK through any future crises.
David Cameron
In an article David said that the 'dashboard of the global economy' had 'red warning lights' flashing, with the eurozone 'teetering on the brink' of another recession.
Adding that six years on from the 2008 financial crisis it was now more important than ever to keep a firm hand on the finances of the country, the Prime Minister is certain that the Conservatives would ensure the recovery continued, whilst it could be stalled by Labour who may offer "easy answers".
The warning comes after a claim from Mark Carney, governor at the Bank of England, that a 'spectre' of economic stagnation is haunting Europe.
Managing director of the International Monetary Fund Christine Lagarde has also expressed her own fears that a diet of high debt, low growth and unemployment may yet become Europe's 'new normal'.
Writing for The Guardian, Mr Cameron said global instability such as the eurozone's continued problems and the ebola outbreak are threatening Britain's recovery.
"In six months' time, Britain will face a choice: the long-term plan that has seen it prosper, or the easy answers that would surely have seen it fail.
"By sticking to our long-term plan at home and standing up for Britain's interests abroad, we will do everything possible to protect our economy and give hardworking families a secure future in a Britain they are proud to call home."
The article came as Mr Cameron flew back from the Brisbane-held G20 summit - one Vladimir Putin had stormed out of after being branded a 'liar' by Canadian prime minister Stephen Harper - and a meeting which had the state of the international economy as its main topic.
"Six years on from the financial crash that brought the world to its knees, red warning lights are once again flashing on the dashboard of the global economy.
"The eurozone is teetering on the brink of a possible third recession. Emerging markets, which were the driver of growth in the early stages of the recovery, are now slowing down."
Despite all of this, the economy in Britain was growing.
"But in our interconnected world, wider problems in the global economy pose a real risk to our recovery at home. We cannot insulate ourselves completely, but we must do all we can to protect ourselves from a global downturn."
Shadow Treasury chief secretary Chris Leslie has hit back at Cameron's jibes against the Labour party, stating: "David Cameron claims his policies are working, but as even Sir John Major admits, most people still aren't feeling the recovery.
"Working people are £1,600 a year worse off under his Government, borrowing is going up so far this year and exports have fallen behind our competitors.
"David Cameron should be trying to strengthen growth and make sure working people finally benefit from it, not making excuses for slower growth.
"Only Labour's economic plan will deliver a recovery for the many, not just a few at the top. And we'll balance the books, but do so in a fairer way by reversing David Cameron's tax cut for millionaires."
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