Delivering the U.K. Treasury's Autumn Statement, Chancellor Osborne forecasts GDP growth of 1.2%...

|By:, SA News Editor

Delivering the U.K. Treasury's Autumn Statement, Chancellor Osborne forecasts GDP growth of 1.2% in 2013 and 2% in 2014. A few months back, the forecasts were for 2% and 2.7%, respectively. He naturally blames the underperformance on the EU crisis.