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George Osborne

UK Feb Borrowing Smashes Expectations

The U.K.'s public sector net borrowing increased more than anticipated in February 2012, while striking a record value for the month of February, according to the latest data released from Office for National Statistics (ONS).

Queen Faces Pay Freeze Till 2015

New figures show that the Queen is on course for six successive years of cuts for funding for the royal household, said a media report.