U.K. Budget Surplus by 2020 Would Be First Since Blair: Chart

U.K. Chancellor of the Exchequer George Osborne will outline new fiscal forecasts in his budget today. By law, he’s committed to delivering a budget surplus by 2020 -- the first since 2001. An economy proving weaker than forecast four months ago means further spending cuts and tax increases are in store.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE