Chancellor George Osborne delivered Britain's half-yearly budget update on Thursday. Here are the main points of his announcement: RUNNING A SURPLUS Osborne said the Office for Budget Responsibility (OBR) now expected Britain to be running a budget surplus by 2018-19. From an underlying deficit of 11 percent in 2010, the OBR expects it to fall to 6.8 percent this year, to 5.6 percent next year, then 4.4 percent, 2.7 percent and in 2017-18, to 1.2 percent. GROWTH AND UNEMPLOYMENT FORECASTS Osborne said the OBR had more than doubled its economic growth forecasts for this year, with predictions going from the 0.6 percent stated in March, to 1.4 percent now.