(MENAFN - Gulf Times) Chancellor of the Exchequer George Osborne faces a dilemma constructing his first budget in a majority Conservative government: how to give banks enough concessions to keep them in the UK without angering voters facing deeper austerity.
Take context from the input text and decide on the accurate relationship between 'George Osborne' and 'Chancellor of the Exchequer' from the options provided.
Options: location of formation, position held, original broadcaster, headquarters location