UK POLITICS & POLICY 8:51pm

Osborne orders £2.5bn in extra cuts

George Osborne, U.K. chancellor of the exchequer, holds the dispatch box containing the 2012 budget outside 11 Downing Street in London, U.K., on Wednesday, March 21, 2012. Britain's budget deficit almost doubled in February as taxes fell and spending surged, leaving Osborne little room to meet his full-year goal as he prepares to announce the annual budget. ©Bloomberg

Budget statement expected to be one of bleakest in years

An airplane of the Irish low-cost airline Ryanair takes off ©AFP From COMPANIES 12:59pm

Ryanair orders 175 Boeing jets

Carrier plans new phase of growth with $16bn deal

UK BUSINESS 3:13pm

UK tax office postpones payroll reform

Real-time reporting pushed back for small groups

Warren East, chief executive officer of ARM Holdings ©Bloomberg From COMPANIES 7:13pm

Arm chief executive East to retire

Engineer steps down after more than a decade at chipmaker’s helm

UK BUSINESS 3:02pm

MCO Credit in first payday lender ban

Office of Fair Trading revokes licence citing fraud

LONELY PLANET GUIDES ©Daniel Lynch UK BUSINESS 6:15pm

BBC sells Lonely Planet at £80m loss

Corporation to focus on selling BBC programme content

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