London, United Kingdom. 5th December 2012 — Chancellor of the Exchequer, George Osbourne, leaves 11 Downing Street. Osborne will warn there are no “miracle cure” for the UK’s economic problems. — Chancellor of the Exchequer, George Osbourne, prepares to make his Autumn Statement to the House of Commons. The statement will indicate that the deficit has not been reduced and there is more austerity ahead for the UK.