UK's Osborne upgrades election year growth forecast to 2.5%

Britain's economy is set to grow by a better-than-expected 2.5 percent this year, George Osborne said Wednesday in the coalition government's final annual budget before May's general election. The government forecast compares with 2015 gross domestic product expansion of 2.4 percent predicted in December, Chancellor of the Exchequer Osborne added in an address to parliament. Britain is on the path "from austerity to prosperity", Osborne insisted. "This is a budget t