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British chancellor's crowd-pleasing measures may backfire

UK economy still bogged down by high government debt of 80% of GDP

Among Mr Osborne's populist measures is a change to property tax in favour of young, first-time buyers and middle-income earners.


ADROIT political campaigner George Osborne has chosen populist economic giveaways ahead of the May UK general election.

The big question for the UK Chancellor of the Exchequer and the Conservative Party, however, is whether "he is being too clever by half", say critics.