The U.K's expectation of a structural surplus by 2014-15 has been blown up by £30B due to the...

|By:, SA News Editor

The U.K's expectation of a structural surplus by 2014-15 has been blown up by £30B due to the stagnant economy, Chancellor Osborne is set to admit tomorrow. The revised outlook also hits the 2013 budget, making the projected borrowing needs for that year worse than the PIIGS.