A day after Financial Services Authority chief executive, Hector Sants, called the Conservative party’s plans to split up the financial regulator a return to the ““, reports outline that the United States are considering an approach which would move powers from the central bank to an independent financial regulator. This is the opposite direction of travel to GeorgeOsborne’s plans.
The pressure increases on GeorgeOsborne as debt rating agencies Fitch awaits his first Budget. A new poll in today’s Times boasts that people are now more optimistic about the economy than at any time for the past 18 months, but this does not reduce the pressure on the shadow chancellor and his team. Fitch Ratings has today said that Britain’s AAA debt rating is more at risk than that...
The FT has the story: Now here is a heart-warming tale of goodwill and political selflessness to start this cold winter day, a story of how a Lib Dem turned away an extraordinary piece of Tory intelligence and helped scupper Gordon Brown’s election plans. Who is the man of honour in this a place of skulduggery and [...]
... derogatory or flippant manner… for dramatic effect or to try to gain political advantage”. I mean GeorgeOsborne’s suggestion in October 2006 that Gordon Brown was “mildly autistic”. Anyone who follows politics reasonably closely, as Times leader writers most certainly do, will remember this. Yet not a mention of this episode. The newspaper also ran two columns by Ann Mary Seighart...
One of the key things that we Liberal Democrats have been hanging on to is that Vince Cable is the most competent, and knowledgeable, of the Shadow Chancellors. I had always assumed that the ties of The Bullingdon Club had prevented David Cameron considering getting rid of his friend GeorgeOsborne. But, according to today’s Evening Standard [...]
Tory leader says close friendship with shadow chancellor would not prevent him from removing him from post David Cameron today said he would sack GeorgeOsborne if he believed he was not up to the job of shadow chancellor. In an interview with the Evening Standard , the Conservative leader said moving people in and out of the shadow cabinet was "very difficult, but it absolutely...
... which does nothing to tackle the mess we are in. Or maybe I'm reading too much into it. "[GeorgeOsborne] stayed in my shadow cabinet not because he is a friend, not because we are godfathers to each other's children but because he is the right person to do the job. I know and he knows that if that was not the case he would not be there" Suggests he might have more guts...
GeorgeOsborne, sometime lead singer of Depeche Mode, sets out his stall for a UK economic recovery: Words are very very unnecessary. Because actions speak louder than words, Osborne's first action upon hearing news of a Conservative triumph a few months from now should be immediately to start a nationwide audit so we can all find out just how big a hole Brown and Labour has left...
By Alex Smith / @alexsmith1982 Here's a video about GeorgeOsborne getting it "wrong" on Northern Rock , Bradford and Bingley, big city bonuses and budget figures , submitted by Gav Trait to Political Scrapbook . Do pass it around.
Labour can rightly claim that the Opposition must share the blame for the threat to London's central role in international financial markets. After all, it was Osborne who proposed to roll up the welcome mat by taxing foreigners doing business here, a suggestion eagerly adopted by Gordon Brown and Alistair Darling. And it is Osborne's team who tell me they want to reduce the relative...
GeorgeOsborne is four months older than me so he should appreciate the metaphorical total irrelevance of this piece of 1981 OMD childhood pop toonery. It just amazes me: just how much could I have achieved politically in 38 years, if only I'd never had a life. Sadly, because of this utterly random, fateful imbalance, unlike Georgie, who "stands" for "stuff", I just...
Theresa May and GeorgeOsborne appear to contradict each other on the Tory's tax credit policy but there's a £350 million blackhole in the their calculations. On the Today programme this morning, Theresa May denied that a Conservative government would cut tax credits: "They keep making these false claims about what we ...
... countries because of the debt that prudence Brown has allowed to run up. However, having spoken to GeorgeOsborne, the Shadow Chancellor, they are prepared to hold off downgrading us in the expectation that he will take immediate remedial action upon taking office. The Conservatives should be cock-a-hoop at this but at the same time a little worried. It is another nail in the coffin...
... a certain amount of growth to "repair the ancient infrastructure that we have," director GeorgeOsborne said. "We were ahead of the game, trying to be proactive," Osborne said, "and now it has caught us in a trap."
And they say there is no honour left in politics. Read THIS tale of political honesty to warm the cockles of your brow-beaten old political heart. It concerns LibDem MP Mike Hancock who, a few days before the 2007 Tory conference received emails which were meant for Matthew Hancock, GeorgeOsborne's adviser. They laid out plans for the inheritance tax cut, which Osborne would announce...