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2014 Budget will be on 19 March, says Osborne


The 2014 Budget will take place on Wednesday 19 March, the Chancellor George Osborne has revealed.


Osborne made the announcement when speaking before the House of Commons Treasury Select Committee, where he was providing evidence on his recent Autumn Statement.


Delivering his Autumn Statement earlier this month, the Chancellor said he expects the UK to make a ‘small surplus’ in 2018/19.


Meanwhile, the independent Office for Budget Responsibility (OBR) more than doubled its UK growth estimate for 2013, from 0.6% to 1.4%. The organisation also upgraded its growth forecasts for 2014 from 1.8% to 2.4%.