01-07-2016 15:32 via news.yahoo.com

Osborne drops 2020 budget surplus target after Brexit vote

By William Schomberg LONDON (Reuters) - Chancellor George Osborne on Friday gave up his centrepiece policy of turning Britain's budget deficit into a surplus by 2020, faced with potential economic stress following the country's shock decision to leave the European Union. It was the latest setback for Osborne who was once considered a future British leader but who has not put himself forward to succeed Prime Minister David Cameron after the two men failed in their campaign to keep Britain in the
Read more »