George Osborne

UK treasury chief seeks to calm markets as pound falls again

Chancellor of the Exchequer George Osborne sought to calm markets as the pound fell again on Monday, saying Britain's economy is "fundamentally strong" and remains open for business after the...

Brexit could force severe budget cuts, Osborne warns

A vote to leave the European Union could force the government to make severe spending cuts to cover a "black hole" of 30 billion pounds (44 billion dollars) in the budget, Chancellor of the...

Britain to cut public spending again amid "cocktail of risks"

Chancellor of the Exchequer George Osborne on Wednesday said his government plans to cut public spending further as global economic uncertainty carries "a dangerous cocktail of risks" to Britain's...