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George Osborne, U.K. chancellor of the exchequer, holds the dispatch box containing the budget, as he exits 11 Downing Street in London, U.K., on Wednesday, March 16, 2016. Osborne is set to unveil sweeping education reforms in his Budget on Wednesday as he seeks to sweeten the pill of austerity three months before the referendum on European Union membership. Photographer: Simon Dawson/Bloomberg via Getty Images