Winners and losers from Osborne's 'cosmetic' Budget

The Budget was widely expected to be the most dismal for years, and the Chancellor duly confirmed the UK will miss latest targets for both GDP growth and public debt reduction.

George Osborne is treading a tricky path between trying to cut taxes to stimulate growth while simultaneously bring down the deficit. That meant the Budget was variously described as "fiscally neutral" by Close Brothers' Patrick Haines and "cosmetic" by Fidelity's Tristan Cooper - but there were inevitably winners and losers. Here Investment Week examines the good and bad Budget takeaways for some key investment areas. Funds After spelling out the difficulties the UK economy is facing, Osborne was keen to highlight the nation's strengths. Among them, he said, is a "world ...