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Cost cutting: Pre-Budget Report scrapped

Monday, September 06, 2010
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George Osborne will scrap the pre-Budget report this year in a break with Gordon Brown’s era and a signal of a return to more normal economic policy making. The chancellor’s decision to ditch what had become a second annual Budget will save resources at the Treasury; in its place a slimmed-down autumn statement, with new forecasts, towards the end of the year.

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