Osborne Says No Decision on U.K. Budget Plans Until Year-End

  • Chancellor says $17 billion of welfare savings being sought
  • Osborne says he has listened and learned over disability cuts

George Osborne, U.K. chancellor of the exchequer, exits 11 Downing Street in London, on March 22.

Photographer: Chris Ratcliffe/Bloomberg

U.K. Chancellor of the Exchequer George Osborne put off a decision on whether to plug the hole in his budget plans left by his retreat over welfare until the end of the year as he acknowledged that his planned cuts to disability benefits had been a mistake.

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