George Osborne Announces U.K.Cuts

Alan Budd, chairman of the Office of Budget Responsibility (OBR), pauses during a press conference at H.M.Treasury in London, U.K., on Monday, May 17, 2010. Osborne set out a timetable for U.K. government departments to identify savings to start tackling the nation's record deficit, saying he will hold an emergency budget on June 22. Photographer: Chris Ratcliffe/Bloomberg via Getty Images
Alan Budd, chairman of the Office of Budget Responsibility (OBR), pauses during a press conference at H.M.Treasury in London, U.K., on Monday, May 17, 2010. Osborne set out a timetable for U.K. government departments to identify savings to start tackling the nation's record deficit, saying he will hold an emergency budget on June 22. Photographer: Chris Ratcliffe/Bloomberg via Getty Images
George Osborne Announces U.K.Cuts
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May 17, 2010
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