The Spectator

Portrait of the week | 22 May 2010

George Osborne, the Chancellor of the Exchequer, said he would hold an emergency Budget on 22 June.

issue 22 May 2010

George Osborne, the Chancellor of the Exchequer, said he would hold an emergency Budget on 22 June. He announced the setting up of an Office for Budget Responsibility under Sir Alan Budd, one of the original members of the Bank of England’s Monetary Policy Committee in 1997. The office would publish its first economic and fiscal forecasts before the Budget.

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