The Conversation

Osborne introduces his budget surplus law but may have a hard time sticking to it

Author: The Conversation

Making a risky promise.Peter Macdiarmid / PA Archive/Press Association Images

UK chancellor George Osborne has announced a law that requires the government to run a budget surplus in “normal” times. Speaking to bankers and merchants at his annual Mansion House address, Osborne’s budget surplus law would prevent future governments...

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