George Osborne has promised to eliminate Britain’s budget deficit by 2020 despite a cut in economic growth forecasts and rapidly shrinking fiscal room for manoeuvre. Photograph: Andy Rain/EPA

A key element of George Osborne’s deficit reduction strategy is in doubt just days after his budget, amid a Conservative revolt over plans to save £1(...)

Five more years: Britain’s Prime Minister David Cameron waves as he arrives with his wife Samantha at Number 10 Downing Street this morning. Photograph: Reuters/Stefan Wermuth

And the winner is: David Cameron will return to Number 10, Downing Street as British Prime Minister after a stunning victory for the Conservatives. P(...)