UK budget: growth outlook raised ahead of election | Bangkok Post: news

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UK budget: growth outlook raised ahead of election

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Britain is set to grow faster than expected this year and next, Chancellor of the Exchequer George Osborne said in his annual budget Wednesday, drawing battle lines before national polls in 2015.  

Chancellor of the Exchequer George Osborne holds the budget box outside 11 Downing Street in London on March 19, 2014 as he prepares to unveil the budget

Osborne warned however that an escalation of the Ukraine crisis could harm British output and push up low inflation, as he addressed parliament on the coalition government's latest tax and spending plans.

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