UK budget to boost trade ties.

AMBASSADOR STEPHEN Lillie said the British government's 2011 budget will provide a firm basis for increased business between the Philippines and the UK, including by making Britain a more attractive business location for Philippine investors and entrepreneurs.

The 2011 budget was announced last week by the UK's Chancellor of the Exchequer George Osborne. Mr. Osborne told the British parliament on March 23 that last year's budget had been about rescuing the nation's finances. The challenge was now to move from rescue to recovery and reform. He pledged to return the UK to sustainable, balanced growth and lasting prosperity by rebalancing the UK economy from unsustainable public …