British chancellor George Osborne’s fancy fiscal footwork in the Autumn Statement restored as the clear favourite to succeed David Cameron as prime minister. Photograph:  Andy Rain/EPA

With its double policy U-turn, fancy fiscal footwork, and political pirouettes, George Osborne’s autumn statement and spending review was a virtuoso d(...)

Britain’s Chancellor of the Exchequer George Osborne  holds his red despatch box containing the budget outside 11 Downing street, Westminster. Photograph: PA/Will Oliver

The British chancellor of the exchequer George Osborne lowered his target for a future budget surplus and announced higher economic growth forecast(...)

Britain’s chancellor of the exchequer, George Osborne, speaks with children who entered a competition to design the new pound coin, at 11 Downing Street today. Photograph: Stefan Wermuth/Reuters

British chancellor George Osborne is expected to be armed with a pre-election war chest of up to £6 billion heading into the UK budget as the outlo(...)

Britain's Chancellor of the Exchequer, George Osborne, holds up his budget case for the cameras as he stands outside number 11 Downing Street, before delivering his budget to the House of Commons. Photograph: Stefan Wermuth/Reuters.

British chancellor George Osborne today slashed the official growth forecast in half as he admitted economic recovery was taking “longer than a(...)