Brexit & EconomyPoliticsEmergency Budget: Structural deficit to balance by 2015

Emergency Budget: Structural deficit to balance by 2015

Osborne tackles structural deficit

Chancellor George Osborne aims to balance the structural deficit within four
years.

In his first budget speech Osborne said he aims to bring the structural
deficit into balance by “2014-2015”.

He said he aims to bring in a financial policy which responds to
international events, “to give us credibility to respond to external shocks”.

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