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Budget 2015 live: George Osborne makes his last play to sway voters ahead of General Election | |
(35 minutes later) | |
George Osborne is delivering his final Budget speech ahead of the General Election. | |
The Chancellor says the UK has grown faster than any other major and advanced economy in the world. | |
Full updates appear below. | |
Please wait for a moment while the live blog loads | Please wait for a moment while the live blog loads |
UK economic growth has benefited from the falling price of oil, an uplift in European growth thanks to cash injections from the European Central Bank and a decreasing borrowing costs - three areas Osborne has had little control over, though he may well take credit for the improvement in our fortunes. | UK economic growth has benefited from the falling price of oil, an uplift in European growth thanks to cash injections from the European Central Bank and a decreasing borrowing costs - three areas Osborne has had little control over, though he may well take credit for the improvement in our fortunes. |
Fortunes have improved: the UK economy grew by 2.6 per cent last year. The last time growth exceeded this was before the financial crisis in 2006, when growth was 3 per cent. | Fortunes have improved: the UK economy grew by 2.6 per cent last year. The last time growth exceeded this was before the financial crisis in 2006, when growth was 3 per cent. |