George Osborne ‘to miss UK debt reduction target by £22bn’

The Chancellor will miss his debt reduction target by £22bn and have to tear up his public finance rulebook in December’s Autumn statement, the National Institute of Economic and Social Research said, as it warned the economy will show little sign of recovery until 2015. The outlook came as Brit…

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George Osborne ‘to miss UK debt reduction target by £22bn’