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David Cameron: Government cuts 'based on values'

The Government's spending cuts are not being made for their own sake but are instead based on "values", David Cameron has said.

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Coalition 'changing things for a purpose'

David Cameron is expected to acknowledge a failure to properly explain the reasons behind the Coalition's tough economic measures, in a speech later.

The Prime Minister will say: "Too often we've given the impression that we're just about fixing problems rather than changing things for a purpose.

"But that completely misunderstands what we're trying to do."

While senior Tories are calling for a raise to the 40p tax threshold, Nick Clegg wants the main allowance to be raised to £10,500. Credit: PA

Mr Cameron will stress that Government cuts are based on "values", specifically getting to grips with the deficit and giving people "a sense of economic security".

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