U.K. Prime Minister David Cameron pledged more action to dealwith “excess” in pay in the finance industry as he said the country“will get through” a difficult year.

In his New Year message, Cameron said the eyes of the world willbe on Britain in 2012, with the Olympic Games in London and thecelebrations for Queen Elizabeth II's 60 years on the throne. “Itgives us an extraordinary incentive to look outward, look onwardsand to look our best: to feel pride in who we are and what — evenin these trying times — we can achieve,” he said.

Assuring families struggling with inflation and young peopleunable to find work amid weak economic growth that he understandstheir concerns, Cameron pledged to be “bold about working to curethe problems of our society.”