Obituary: British Austerity (2010-2016) on July 10, 2016 UK Chancellor George Osborne announced last week that the Government is now forced to abandon its target to run a budget surplus by 2020. The project’s principal output, six years’ of austerity for the country’s people, has come to an end. Many, even on the Conservative backbenches, now question its utility. Growth in the […]