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Osborne boxed in by austerity on budget day

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Britain's Chancellor of the Exchequer, George Osborne, holds up his budget case for the cameras as he stands outside number 11 Downing Street in central LondonBy William Schomberg LONDON (Reuters) - Chancellor George Osborne faces the daunting task on Wednesday of delivering another austerity budget to a country impatient with near-zero growth. The chancellor of the exchequer, as he is formally known, will make more cuts to day-to-day public spending as he tries to free up some cash for investment. He is also likely to announce another round of weaker economic forecasts which may push back further his targets for fixing Britain's fiscal problems. ...



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