Economy News Headlines - Yahoo! News: Osborne to stick with austerity, pray for growth

Economy News Headlines - Yahoo! News Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.

Osborne to stick with austerity, pray for growth Mar 18th 2013, 23:53 By David Milliken LONDON (Reuters) - The Chancellor is set to stick to his guns on austerity in this week's budget, despite increasing calls for a change of course, as he bets that growth will get back on track before an election in 2015. Monetary policy - not tax and spending - may see the biggest shift in George Osborne's budget statement on Wednesday, amid signs he plans to tweak the Bank of England's inflation-fighting remit to spur an economy once again threatened with recession. ... Media files: 2013-03-17T221037Z_2_CBRE92G12AA00_RTROPTP_2_BRITAIN-DOWNGRADE-MOODYS.JPG (image/jpeg)

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