George Osborne will today pledge to ensure that Britain does not "give up on the future" with a new law to guarantee that the country always has money to spare in the event of an economic crisis.
The Chancellor will use a speech at the Mansion House to commit to a new “fiscal settlement" to enshrine in law a commitment to permanently run a surplus.
Mr Osborne will force a Commons vote on the issue in a bid to pile pressure on Labour to support the new rules.
The Chancellor will also announce that for the first time in more than 150 years, the Committee of the Commissioners for the Reduction of the National Debt will formally meet. » | Peter Dominiczak, Political Editor | Wednesday, June 10, 2015
