May see the sterling face additional headwinds over the next 24-hours of trading should the budget statement delivered by Chancellor of the Exchequer George Osborne highlight more aggressive austerity measures & dampen expectations for a Bank of England (BoE) rate hike.
In the context of the input sentence, determine the relationship between 'George Osborne' and 'Chancellor of the Exchequer'.
Options: position held, manufacturer, stock exchange, chairperson