DAVID Cameron last night warned European leaders to cut their deficits and introduce substantial reform to stop the eurozone crisis spreading to Britain.

The Prime Minister told European heads of state, including new French President Francois Hollande, that they had to act "decisively".

His tough talk came on another torrid day for the single currency.

Earlier, Mr Cameron had warned the UK public that the 2008 financial crisis "never really went away".

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