Cameron in debt speech U-turn

By DAVID WOODING in Manchester

DAVID Cameron has been forced to tear up his big  speech to the Tory conference amid a backlash over a section urging people to pay off their credit card bills.

The Prime Minister had planned to tell supporters that the only way to end the financial crisis was to get rid of family debts.

But his remarks – briefed out by Number 10 ahead of this afternoon’s address – sparked claims he is out of touch.

Hard-hit families complained that they don’t have the spare cash to pay off the outstanding balances – and using plastic was the only way to buy essentials during hard times.

Experts also warned the economy would shrink even further if people stopped buying by credit card.

This morning Mr Cameron hastily re-wrote the section of the speech referring to the bills – and Number 10 staff hastily put out a “clarification” of the pre-briefed remarks.

Mr Cameron had planned to say: “The only way out of a debt crisis is to deal with your debts. That means households – all of us – paying off the credit card and store card bills.”

In his speech to the Manchester rally at 2.30 this afternoon he will now say: “The only way out of a debt crisis is to deal with your debts. That’s why households are paying down their credit card and store card bills.”

The PM will say he understands voters are living through an “anxious time” of rising bills and job losses and will promise to deliver real leadership for troubled times.

Foreign Secretary William Hague told the BBC it was common sense for people to pay off debts when they could and that the Government would lead the way.

Follow me on Twitter: @davidwooding

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