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Prime Minister David Cameron will prioritize new bills to cut regulation for businesses
-- which could make it harder for workers who allege unfair treatment
-- to trim public sector pension payments and to safeguard Britain's banks by separating high street retail operations from riskier investment divisions. The legislative slate is also expected to confirm a new attempt to modernize Parliament's unelected upper chamber, the House of Lords, and may include contentious plans to snoop on emails and website use to combat terrorism. The package also was expected to confirm plans to allow TV cameras into some court hearings for the first time, to establish a new FBI-style crime fighting agency, and to restrict the number of libel claims by foreigners lodged in Britain's courts. Britain is carrying out a four-year program of about 81 billion pounds ($130 billion) of cuts to government spending, and Treasury chief George Osborne has already acknowledged a further two-year austerity package will likely be needed after a scheduled 2015 national election. Last month, Britain's economy slumped back into recession for the first time since 2009 amid stalled growth. "We can't let up on the difficult decisions we've made to cut public spending and to get the deficit and debt under control," Cameron said Tuesday, addressing factory workers in Essex, southern England. "I know it's hard, I know it's difficult, but when you've got a debt problem the one thing you mustn't do is keep adding endlessly to that debt," he said.
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