Ten Things You Need to Know Today: Wednesday 10 Jun 2015

1. OSBORNE COMMITS TO SURPLUS RULES

Chancellor George Osborne is to commit to a rule which will oblige future governments to spend no more than they raise in revenue, first proposed in January. In his annual Mansion House speech later today, Osborne will say that the rule will apply in “normal times”, meaning any time at which the economy is in growth.

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