Take context from the input text and decide on the accurate relationship between 'George Osborne' and 'Chancellor of the Exchequer' from the options provided.
Options: manufacturer, stock exchange, position held, chairperson

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.
position held