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Why good news on jobs isn't yet good news for David Cameron

There's a great debate shaping up around the British jobs miracle, the economic recovery, and George Osborne's comeback. On one side, they say that today's numbers on job creation, wage growth and unemployment all prove the failure of the Keynes-via-Balls model. Fraser in his analysis calls it "failed, Keynesian, stimulus-worshiping". Ministers have been on the [...]

1.6% inflation: is this the turning point for Tory election prospects?

Alt Text: David Cameron and George Osborne If wages are shown to be outstripping inflation, Labour's cost-of-living argument collapses Column The Mole Tuesday, April 15, 2014 - 10:43am HAS the economy finally turned a corner that could...Show More Summary

Biased against stagnation

George Osborne tried yesterday to reject the idea that we've fallen into secular stagnation. I'm not convinced. He points to some "new advances in fundamental science" and says: We cannot even imagine the advances in all areas of science –...

U.K. Conservatives Redefine Success Downward

The folks on the right don't seem to think that they should have to be evaluated by the same standards as everyone else. Hence we find George Osborne, the U.K. finance minister, boasting in the WSJ about his country's economic performance...Show More Summary

Osborne banks the recovery – and whacks his critics

A few months ago, colleagues of George Osborne were worried the Chancellor risked ‘banking the recovery’ too early. If they’re still worried about that, then Osborne certainly isn’t. Today he’s… Continue reading The post Osborne banks the recovery – and whacks his critics appeared first on Spectator Blogs.

Sajid Javid, 'more Thatcherite than Thatcher', tipped for top

Credits: Rob Stothard/Getty Images Alt Text: Sajid Javid arrives at Downing Street But the real winner from yesterday's Cabinet coup is George Osborne: will Boris ever catch up? Column The Mole Thursday, April 10, 2014 - 9:56am FORGET...Show More Summary

Sajid Javid to Culture: a George Osborne appointment?

So it wasn’t another woman, after all. Instead the new DCMS secretary is to be one of George Osborne’s most loyal and talented underlings at the Treasury, Sajid Javid. Now don’t me get wrong. I don’t give a fig about the fact that there are now fewer women than ever in the Cabinet. The only [...]

Rolls-Royce invests to support growth of Brazil's oil and gas industry

Rolls-Royce and UK Chancellor George Osborne announced today that the Group will further invest in Rio de Janeiro State to better support customers in the

Rolls-Royce to Open Brazilian Offshore Facility

Rolls-Royce and U.K. Chancellor George Osborne announced today that the Group will further invest in Rio de Janeiro State to better support customers in the rapidly

Labour's dilemma: Apologise for its mistakes and repeat them, or stay quiet and learn from them?

Relax Labour people. The crisis is over. The opinion polls are ticking back up again. George Osborne’s Budget bounce is over. Ed Miliband can resume measuring the drapes in Number 10. At least, that’s what the more optimistic – or gullible – members of the Labour family are telling themselves this morning. The People’s Party [...]

The Business: Friday April 4 2014

Company news, markets and financial talking points, available from 8am Monday to Friday CALL FOR OSBORNE TO CUT TOP TAX RATE AGAIN George Osborne is under pressure to cut the top rate of tax again to 40p after data suggested the wealthy have paid more tax since he cut the 50p rate, says The Times. Show More Summary

UK Tories call for a national of slaves

2 weeks agoOdd : Boing Boing

Charlie Stross is on fire in this essay on the true meaning of the UK Exchequer George Osborne's promise to produce a Britain with 100% employment: he is proposing nothing less than a nation of slaves.

The state & inequality

Here are four things I've seen recently: - Political Scrapbook reminds us that a hedge fund run by George Osborne's best man made millions from the sell-off of Royal Mail. - Suzanne Moore says Camden council gave her £15,000 to...

The minimum wage is broken – here’s how to fix it

While welcoming George Osborne’s emphasis this week on raising employment, I have some caveats about his target – to have the highest employment rate in the G7. This isn’t hugely… Continue reading The post The minimum wage is broken – here’s how to fix it appeared first on Spectator Blogs.

The balance of payments constraint

George Osborne's "commitment" to full employment poses the question: what's stopping us reaching it? The standard answer is the Nairu; if unemployment falls below a particular rate, inflation will rise. This answer, though, runs into a problem. Since the start...

Michael Gove is right — the Conservatives are the party of social justice

Yesterday, George Osborne dedicated himself the mission of ‘full employment’. Today, Michael Gove has given a speech declaring that the Conservatives are the ‘party of social justice’. This is not… Continue reading The post Michael Gove is right — the Conservatives are the party of social justice appeared first on Spectator Blogs.

The voters prefer David Cameron, but Boris still bounces higher than George Osborne

George Osborne is having a busy day, so he may not have had the time to study Peter Kellner's piece of work on the "Boris bounce" in the latest Prospect. The head of YouGov has had another go at the study they carried out during the Olympics which suggested the Tories would do lots better [...]

Osborne offers optimistic promise to ‘blue collar’ voters

George Osborne’s commitment today that the Conservatives will fight for full employment in Britain is another way for the Chancellor to make an iconic gesture towards ‘blue collar’ voters who… Continue reading The post Osborne offers optimistic promise to ‘blue collar’ voters appeared first on Spectator Blogs.

Full employment - what does Osborne mean?

A Tory chancellor promising full employment? George Osborne meant to surprise. He meant to take a large step onto what has traditionally been seen as Labour turf. He meant to draw a contrast with the Tories' past and the infamous claim...Show More Summary

'Full employment': George Osborne boldly gives opponents a stick to beat him with

There is something brave about a politician who invites his enemies to give him a kicking. By promising to deliver full employment, George Osborne is exposing himself to scrutiny that some might say is risky, even by the standards of a Chancellor who likes a bit of danger. In his Tilbury speech, he has taken [...]

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