Article DPE8 Budget 2015: George Osborne tries to get tough, with less pain

Budget 2015: George Osborne tries to get tough, with less pain

by
Larry Elliott
from Economics | The Guardian on (#DPE8)

Osborne has slowed down deficit reduction - a wise move given what happened the last time he tried it and current global uncertainties

It is one of the iron rules of British politics that chancellors take tough decisions in the budget that immediately follow a general election - and George Osborne did not break with tradition.

Related: George Osborne introduces new 'living wage' but cuts working-age benefits

Related: Budget 2015: 25 key points at a glance

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