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Britain's Osborne set to wield axe in annual budget

British Chancellor of the Exchequer George Osborne will deliver his 2016 taxation and spending plans before parliament at 1230 GMT, with another £4.0 billion of cuts expectedBritish finance minister George Osborne will on Wednesday unveil his annual budget, with more austerity pain as the global economic outlook darkens but with more cash for education and infrastructure.


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