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Osborne’s last chance

As the pound and manufacturing activity fall, the chancellor must cut further

By Philip Booth  

The chancellor holds up the Budget box outside 11 Downing Street (photo: HM Treasury)

The 2013 budget is George Osborne’s last chance to make an impact as chancellor of the exchequer. Next time he presents a budget, all eyes will be on the general election and everything will be seen through that prism. Fundamentally, Osborne is a managerial chancellor in the highly conservative treasury mould: he could…

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