Budget 2010: Osborne slashes UK growth forecast

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Chancellor George Osborne today lowered the UK's economic growth forecast for the next five years.

Unveiling what he called an "unavoidable" Budget, Osborne said economic growth this year would be 1.2%, in line with Darling's forecasts in March of between 1% and 1.25%. But, in 2011, Osborne s...

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