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Osborne wins—for now

The Chancellor finds himself in a strong position, says the Centre for Economics and Business Research's Managing Economist

By Scott Corfe  
George Osborne leaves Downing Street before delivering the 2014 Budget

The 2014 budget played well with the media. © Matt Crossick/Matt Crossick/Empics Entertainment.

The Chancellor looks set to hold a good hand of cards ahead of the next election, according to our latest economic predictions.

We have revised up our forecasts of economic growth in 2014 and 2015 to 3.1 per cent and 2.2 per cent respectively. This compares with February forecasts of 2.8 per cent and 2 per cent and reflects a continued improvement in forward-looking indicators…

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