December 11, 2012 / 12:40 PM / 5 years ago

Osborne says 2013 budget to be on March 20

LONDON (Reuters) - Chancellor George Osborne will deliver his 2013 budget on March 20, he told parliament on Tuesday.

Britain's Chancellor of the Exchequer George Osborne delivers his autumn budget in parliament in London December 5, 2012. REUTERS/UK Parliament

Osborne presented a half-yearly budget update last week, which showed a sharp downgrade to growth forecasts and that the government was on track to miss its 2015 debt reduction target.

Reporting by David Milliken and Mohammed Abbas; editing by Patrick Graham

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