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George Osborne hires Economist journalist to chair Council of Economic Advisers

George Osborne has recruited Richard Davies, The Economist’s economics editor, to replace Rupert Harrison as chair of the Council of Economic Advisers, Coffee House understands. This position is essentially the Chancellor’s top… Continue reading The post George Osborne hires Economist journalist to chair Council of Economic Advisers appeared first on Spectator Blogs.

UK Chancellor - Britain Would Prefer Economic, Trading Relationship With EU

British Chancellor George Osborne has raised the prospect of loosening the UK's political ties with the European Union, saying that the country should focus primarily on having a trading relationship with the bloc.

George Osborne: Britain must work with France to build a trade relationship with the EU

George Osborne has revealed the aim of Britain’s EU renegotiation: to move our relationship back towards a trading partnership. The Chancellor has told the Daily Telegraph he would like to see a paired… Continue reading The post George Osborne: Britain must work with France to build a trade relationship with the EU appeared first on Spectator Blogs.

George Osborne’s ‘Living Wage’ will soon set wages for 11pc of workers. Is that conservative?

George Osborne’s Budget plan to raise the minimum wage to £9.35 for over-25s was a surprise – which means it has not yet been much scrutinised. Ed Miliband’s £8 by… Continue reading The post George Osborne’s ‘Living Wage’ will soon set wages for 11pc of workers. Is that conservative? appeared first on Spectator Blogs.

UK Finance Chief to Go to Paris Sunday to Get Support for EU Reforms

The UK Chancellor of the Exchequer, George Osborne, will fly to Paris on Sunday as part of his European tour to strengthen Britain’s bid to reform the European Union, local media reported.

Cuts: the big bad wolf's howl is worse than his bite

My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. Sometimes I think that when George Osborne looks in the mirror each morning, he thinks: ?Now how can I put the wind up the Labour party...

UK Culture Department Told To Prepare For 40 Percent Budget Cut

“Chancellor George Osborne announced that in order to make £20 million of government savings, unprotected departments – everything aside from health, schools, defence and foreign aid – needed to plan for two scenarios: a 25% cut or a 40% cut. Savings would have to be made over the course of the next five years.”

The cap didn't fit

AT LEAST there are some lengths the British government won't go to in pursuit of its obsession with inheriting property. Earlier this month, George Osborne, in a Budget that revealed big cuts to welfare, found room to increase the inheritance tax limit, not for wealth-creating businesses but for residential property. Show More Summary

UK wants more cost cuts

Chancellor of the Exchequer, George Osborne, seeks a further 20 billion pounds of savings from UK government departments. ||| Chancellor of the Exchequer, George Osborne, will announce Tuesday that he’s seeking a further 20 billion pounds...Show More Summary

The welfare crisis deepens. The DUP are making common cause with Sinn Fein over George Osborne’s cuts

The Guardian’s Politics Live feature reports an analysis of the impact of the Welfare Reform and Work Bill on the working poor.  Read across locally, it has the effect of adding the DUP’s opposition to the UK’s government’s budget strategy  to Sinn Fein’s, albeit on more limited grounds. The analysis was made by the highly reputable, unbiased more...

Climate Denier Lord Lawson 'Has No Influence' Says Head of UK Committee on Climate Change

Lord Lawson has no influence, fails to listen, and is touchy and rude – according to the Conservative peer leading Britain’s independent Committee on Climate Change. But Lord Deben does not believe George Osborne, the chancellor, has fallen under the influence of Lord Lawson on the issue of climate change. Show More Summary

A Budget of wasted opportunity

Tory MPs cheered wildly as Chancellor George Osborne unveiled his budget proposals, and Iain Duncan Smith punched the air in delight as the government committed itself to a “living wage” by 2020.  Yet more dispassionate observers watching from afar sighed in disappointment as the Chancellor took not one of the opportunities he had to reshape […]

UK Market Regulator Head Who Thought "All Bankers Were Evil" Let Go After "Making Too Many Enemies"

On the surface it may appear that the head of the FCA, the UK's financial regulator, Martin Wheatly resigned voluntarily yesterday. The truth is that here only "quit" after being told by George Osborne that he would not renew his contract when it expires in March. Show More Summary

The Financial Misconduct Authority

I never expected to feel sorry for Martin Wheatley who, last week, resigned his position as Chief Executive of the Financial Conduct Authority, but I do. George Osborne gave him a non-job and Wheatley tried to make the most of it, thereby alienating too many people. The history of this is simple. A few months […]

George Osborne crashes Number 10 for Treasury party

When George Osborne stepped in for David Cameron at PMQs, it was seen as the Chancellor’s chance to show that he had what it takes to be Prime Minister. With that… Continue reading The post George Osborne crashes Number 10 for Treasury party appeared first on Spectator Blogs.

EU Solidarity Crash: Denmark, Sweden Refuse to Take Part in Greek Bailout

Swedish and Danish finance ministers backed UK Chancellor of the Exchequer George Osborne, who said that EU member states, who are not part of the Eurozone, should not take part in the Greek bailout, Euractiv reported.

Theresa May humiliates Boris Johnson with water cannon announcement

In case the Labour leadership fracas has distracted you, there is still a Tory leadership contest going on, albeit with a slightly longer timetable. George Osborne has had a good… Continue reading The post Theresa May humiliates Boris Johnson with water cannon announcement appeared first on Spectator Blogs.

Is the jobs miracle over?

No self-congratulatory tweets from George Osborne this morning: The UK has seen its first quarter-on-quarter rise in unemployment for two years, figures released by the ONS show. The number of… Continue reading The post Is the jobs miracle over? appeared first on Spectator Blogs.

Some of Greece's bailout is going to come from a fund contributed to by Britain and George Osborne is 'furious'

The European Commission just confirmed that the European Financial Stabilisation Mechanism (EFSM) will be used for at least part of Greece's new bailout. The Commission intends to provide some bridge financing to Athens so it can get over its immediate debt repayments, which will come from the fund. Show More Summary

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