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.
Refer to the input text as context and select the correct relationship between 'George Osborne' and 'Chancellor of the Exchequer' from the available options.
Options: position held, chairperson, stock exchange, manufacturer