25-11-2015 18:09 via uk.news.yahoo.com

Osborne uses tax forecast to soften spending cuts

By William Schomberg and David Milliken LONDON (Reuters) - Chancellor George Osborne took advantage of stronger forecasts for tax revenues to drop an unpopular plan to scrap some benefits for low-earners and ease other deep cuts, but he stuck to a target for budget surplus in 2020. In one of several surprise budget moves, Osborne spared Britain's police from the spending reductions that will hit other government departments, a nod to concern about security after the attacks in Paris earlier this
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