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George Osborne

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A British Conservative politician. The current Chancellor of the Exchequer and Second Lord of the Treasury of the United Kingdom.
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Budget 2011: George Osborne to put faith in growth


The dropping of hints about the chancellor's plans has grown as traditional as the lifting of the famous red box on Budget day.So we know George Osborne will do something to make fuel cheaper because the prime minister has been suggesting as much since JanuaryThe question is: what? Scrapping a plan to put up fuel duty by one penny on top of inflation in April would cost the Treasury just over £1.5bn according to the Institute for Fiscal Studies.Putting in place the idea suggested in the Conservative election manifesto of reducing duty when oil prices rise, and putting duty up when oil ...


The pressure's on Osborne


The Times tempted fate today with its splash boasting about the confidence and the strong pound. Fitch Ratings has today said that Britain’s AAA debt rating is more at risk than that of any other major nation because it needs “the largest budget adjustment” - ie, the most cuts - because Britain has the largest fiscal mess, and by some margin. (Sterling is off today on the news). But then Fitch says, more or less, that it’s banking on George Osborne’s first budget to sort the mess out. “Our stable rating outlook reflected our expectation that the U.K. ...


Do Clarke and Osborne agree on anything?


January 19, 2009 Will George Osborne and Ken Clarke see eye to eye on the big economic issues? So far, the record has been decidedly patchy. Indeed, in recent years it is hard to find anything they agree on.Most people focus on Clarke’s cheerleading on Europe and his sympathy for VAT cuts. But there are plenty of other — arguably more important — issues over which the two have been at odds. I’ve found differences on Northern Rock, short-selling and matching Labour’s spending plans. I would not be surprised if there are more.Osborne himself explained today why ...



 
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