LONDON, ENGLAND - MARCH 20: Chancellor of the Exchequer George Osborne walks out before presenting his annual budget to Parliament, outside 11 Downing Street on March 20, 2013 in London, England. The Chancellor, under pressure after the UK lost its AAA credit rating last month and the lack of growth in the economy, is predicted to reveal plans to continue with his austerity strategy to cut the UK's deficit. It is likely that Mr. Osborne will announce further spending cuts to Whitehall departments with the savings put in place to boost large scale infrastructure projects, with both tax breaks on childcare and a rise in fuel duty also high on the agenda. (Photo by Matt Cardy/Getty Images)
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