Osborne simply has no political room to do anything very much. The big decisions will come after the election – whoever is in office.
As next May draws nearer, no political party is yet facing up to the scale of challenge of deficit reduction.
By sticking to our guns we have now the fastest growing economy in the G7 under this Conservative-led Government.
There’s a straight choice between the Prime Minister who’s delivered the fastest growth of any major advanced economy and the guy who forgot to mention the deficit.
Thatcherite on the economy and Europe. Macmillanite on housing and saving. Carswellian on governance – but lacking popular input on constitutional reform.
Can austerity really be to blame in a country with sky-high levels of sovereign debt and public spending?
Financiers have a remarkable ability to take a word and twist its meaning through 180 degrees
But will politicians ever really ‘fess up? Or will the next election campaign be spent making promises that can’t be kept?
The financial services industry comes down hard on the poorest people, driving them into debt. What’s needed is ethical lenders.
The deficit. A feeble savings rate. Low productivity. Public sector pay that’s too high compared to private sector pay. The high middle class tax bill.
The new neo-Keynesianism: Britain must run a deficit to prop-up demand in the Eurozone
We have a deficit of over £100 billion. We have record household debt. We need an Affordability Commission.
George Osborne faces a very special temptation – an opportunity to pull the mother of all fiscal fast ones
The Juncker Effect, if that is what it is, certainly outweighs any Coulson Effect.
The Chancellor’s critics have been proved wrong.