U.K. Chancellor of the Exchequer George Osborne will cut the nation’s bank levy over the next six years and limit it to domestic balance sheets after that, bowing to pressure from firms including HSBC Holdings Inc. that have threatened to leave London.
Analyze the relationship between 'George Osborne' and 'Chancellor of the Exchequer' within the context of the input sentence.
Options: stock exchange, position held, employer, original broadcaster