Chancellor warns of 'dangerous cocktail of risks' as UK growth revised down

Chancellor George Osborne said growth has been revised down due to a "materially weaker" outlook for the country as uncertainty approaches in the months preceding June's EU referendum, adding he has chosen "sound public finances to deliver security". "We can choose to add to risk and uncertainty. We choose to put suitability first. We can lead the world with long term solutions to long term problems. We choose to put the next generation first," he said. "Financial market turbulence and low productivity make for a dangerous cocktail of risks, but one that Britain is well prepared to ha...