in place here. the coalition government in london has just laid out its economic plans for the year ahead. finance minister george osborne said on wednesday that britain s growth forecast has been cut to 1.7%. because of that slow economy, borrowing is expected to be higher than forecast. but osborne said there is no need for more spending cuts or tax increases, in fact he announced a bit of relief forever business in forms of tax cuts. they are cutting their corporate tax rate. movement is to attract more businesses to the uk. let it be heard clearly around the world from shanghai to seattle, britain is open for business. on to ensure and to ensure that this is not a net tax cut for banks, i m adjusting the bank levee rate next year to