George Osborne

Chancellor George Osborne said UK inflation will come down significantly by the end of the year.

Shrewd punters who had a flutter on George Osborne sporting a blue tie in today's Budget would not have been disappointed, after the favourite came in at 3/1.

UK government borrowing data has struck an unwelcome tone ahead of this afternoon's Budget, after February figures were far worse than expected.

IHS Global Insight outlines the six policy measures Chancellor George Osborne is likely to reveal in tomorrow's Budget.

BUDGET 2012

BUDGET 2012

The Chancellor, George Osborne, is set to make a cut to the top rate of income tax his headline measure in next week's Budget, as the Liberal Democrats have eased their opposition to the move in exchange for other concessions.

Pension funds are uninterested in the Chancellor's rumoured 100-year gilt issue and have called for other maturities to be issued insted.

The British Chambers of Commerce has cut its forecast for UK GDP growth for 2012 and has called for the government to announce a modest fiscal stimulus should public sector borrowing come in under target for 2011/12.

George Osborne is preparing to alter plans to strip some middle income families of child benefit ahead of a House of Commons debate on the issue.