CABLE SLAMS OSBORNE TAX ‘FANTASY’ George Osborne’s plan for £7bn of tax cuts is a “total fantasy” warns Vince Cable. The business secretary told The Observer treasury officials believe the chancellor’s pledges are not affordable. “When...Show More Summary
Company news, markets and financial talking points, available from 8am Monday to Friday OSBORNE ABANDONS BONUS CAP BID George Osborne has abandoned his bid to overturn the EU banker bonus cap, reports the Financial Times. His decision...Show More Summary
It seems the most exciting thing to come out of today’s Commons press gallery lunch with Danny Alexander was the Chief Secretary to the Treasury’s claim that George Osborne locks… Continue reading The post Does George Osborne really lock his office fridge at night? appeared first on Spectator Blogs.
This year’s Autumn Statement isn’t going to be full of a great deal of Christmas cheer. But as it’ll take place just over five months before the General Election, Tory… Continue reading The post MPs push George Osborne to give Autumn Statement wings appeared first on Spectator Blogs.
Company news, markets and financial talking points, available from 8am Monday to Friday OSBORNE ‘WILL NEED TO DOUBLE CUTS’ George Osborne will need to make deeper cuts as the annual savings needed to meet his austerity targets are set almost to double to £48bn, according to analysis in the Financial Times. Show More Summary
After spending so many years pointing out Gordon Brown’s tricks and deceits, I had hoped for a bit of a retirement when George Osborne took office. No such luck. The… Continue reading The post Why did George Osborne spoil a genuine victory with spin? appeared first on Spectator Blogs.
OSBORNE ‘SPIN’ OVER EU BUDGET ‘VICTORY’ George Osborne has been accused of misleading the public over his claim that he has halved the UK’s £1.7bn EU budget surcharge. Labour says the chancellor’s claim that he has achieved a reduction “far beyond what anyone expected us to achieve” is “smoke and mirrors”. Show More Summary
WITH a spring in his step, George Osborne (pictured), the British finance minister, left today's meeting of European Union finance ministers announcing that he had secured a "real result" for Britain in the row over its increased EU budget contributions. Show More Summary
George Osborne took a victory lap on Friday to declare that ‘instead of footing the bill, we have halved the bill.’ This would be the £1.7 billion EU budget invoice… Continue reading The post What George Osborne didn’t say about the EU budget bill – UK still owes £2.1 billion appeared first on Spectator Blogs.
So are Tory backbenchers happy with what George Osborne claims to have brought back from Europe after his talks on that £1.7 billion bill? While the government argues with the… Continue reading The post Tory MPs react to Osborne’s ‘EU bill deal’ appeared first on Spectator Blogs.
Below we give a blow by blow breakdown of what George Osborne did or did not secure at today’s EU finance ministers meeting. This basically comes down to the UK’s rebate and how it’s applied. Osborne claimed that:As PM said EU bill unacceptable. Show More Summary
Chancellor George Osborne has struck a deal with Finance Ministers in Brussels which has reportedly halved the UK surcharge from the EU to £850million. But the decision will still anger many people, particularly Eurosceptics, because...Show More Summary
George Osborne will tonight returned from Brussels bringing peace with honour. He has agreed to hand over just £850 million to the EU, rather than the £1.7 billion it asked for, as… Continue reading The post Did George Osborne halve Britain’s EU bill by admitting that his growth is a mirage? appeared first on Spectator Blogs.
EU membership is causing problems for Britain, as what was intended to be an economic partnership is turning into a political project, British Chancellor of the Exchequer George Osborne has said. Responding to threats by the Commission...Show More Summary
Osborne setting bad precedent ignoring the Manchester Mayoral Referendum of May 2112. New plan needs new vote. pic.twitter.com/l2xfUsq9EC — Mike Smithson (@MSmithsonPB) November 3, 2014 The big announcement from George Osborne today has been that Greater Manchester is to have an elected mayor who’ll preside over regional issues. This has been agreed with leaders of […]
“The Chancellor has made clear in a series of speeches that he is in favor of mayors for our great northern cities,” says the Treasury today. That’s funny, because the… Continue reading The post Which part of Manchester’s ‘no’ didn’t George Osborne understand? appeared first on Spectator Blogs.
Two things have stuck in Tory MPs’ minds from their away. The first, that painting of George Osborne. The second, Jim Messina’s presentation and his confidence that the Tories would… Continue reading The post What Tory MPs remember from their away day appeared first on Spectator Blogs.
David Cameron and George Osborne might be forgiven for thinking that when it comes the EU budget, it never rains, it pours. Fresh on the heels of the Commission's explosive demand for an extra £1.7bn for this year's EU budget, the ONS'...Show More Summary
What’s next for David Cameron’s tussle with Brussels? The Prime Minister made clear yesterday that ‘we are not paying a sum anything like’ the £1.7 billion demanded by the European… Continue reading The post Can George Osborne quibble away shock EU bill? appeared first on Spectator Blogs.
British Chancellor George Osborne endorsed permanently moving an NFL team to the UK, in an interview with London's Evening Standard. The NFL has played matches at Wembley Stadium in London since 2007 to gauge the public response. SoShow More Summary