Chancellor George Osborne has set the date for the Budget 2012.Osborne will deliver the Budget 2012 on Wednesday 21 March 2012 (See 'What's new' update on the HM Treasury website homepage).
Osborne's Autumn Statement 2011 marks a turning point for 'Osbornomics'
At the end of last month, Osborne delivered his Autumn Statement 2011 (which replaces the
Pre-Budget Report).
Osborne's Autumn Statement marked a turning point in the Coalition Government's economic strategy (which we might term 'Osbornomics'), as he admitted that growth will be weaker and austerity measures more protracted than previously expected.
Osborne said that his target of eliminating the UK's budget deficit by 2015 will be missed, and is not now expected to be achieved until 2017.
- Osborne's Autumn Statement: A pivotal moment for 'Osbornomics'?
- XpertHR economic commentary December 2011: In the bleak midwinter
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