UK Chancellor of the Exchequer, George Osborne
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George Osborne says no ties will be worn at G8 summit

George Osborne says he has been told not to wear a tie at the G8 summit in order to create a more "informal" atmosphere.

The UK Chancellor is presenting a session on tax at the conference.

The eight world leaders attending the summit, including US President Barack Obama and Russian President Vladimir Putin, have all opted for the "no tie" look.

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