40%, in a bid to tackle the growing deficit. However, results have been mixed. In the fourth quarter of 2011, growth...
"Weak bank capitalisation, weak and poorly harmonised liquidity rules, and fragmented and uncoordinated supervision...
...greatest number of Kalashnikovs will count ... we will end up in civil war."New elections may now be held next month --...
...prospect of Greece crashing out of the euro is damaging economies across Europe, including Britain's, Chancellor George...
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Mr Owen was "surprised" when told by senior mandarins that the policy, which would have provided relief on National Insurance contributions for small businesses outside London and the South East, had been abandoned,despite believing it to have the... Full Article at The Telegraph
IMF would like George Osborne to instigate Has George Osborne got a plan B? Photograph: Alamy I'm literally on the edge of my seat with excitement. First we have to explain about Plan A … I just fell off it. Plan A is the government's current policy of... Full Article at Guardian Unlimited
LONDON, ENGLAND - MAY 22: Chancellor of the Exchequer George Osborne (R) and Christine Lagarde, the Managing Director of the International Monetary Fund, arrive to attend a press conference in the Treasury on May 22, 2012 in London, England. A report... View Photo »
We’re not implementing the Basel agreement, as anyone who takes a look at this text will be able to tell you ... Every bank analyst, every financial journalist, every other finance ministry in the world would say that.
In fact, based on the latest figures from the Congressional Budget Office, Obama has cut federal spending by 0.9 per cent in real terms from 2010/11 to 2011/12. Ed Balls argues that George Osborne should look to the US President for inspiration, but it... Full Article at Spectator Magazine
That is just a myth. In that case – and as I argue in The Courageous State – what we need now is an entirely different approach to economics and an entirely different breed of politicians to implement the resulting policies. Politicians like George... Full Article at Tax Research
MPs from across the three main parties criticised Chancellor George Osborne's proposals, announced in the Budget. During a Westminster Hall debate, MPs said the plans were unenforceable and would have an adverse impact on jobs and businesses. A... Full Article at BBC News
Britain's Chancellor of the Exchequer George Osborne listens to Christine Lagarde, the Managing Director of the International Monetary Fund, unseen, during a press conference in the Treasury in London Tuesday May 22, 2012. The International Monetary... View Photo »
The Bank can no longer blame George Osborne for high inflation.
CBI director general John Cridland said: “We have to get out there like we did in the 19th century and sell, sell, sell wherever we can. “But it’s very difficult to encourage business people to do that when there are huge delays at the airport.” He... Full Article at This Is London
Chancellor George Osborne came under fire from the bakery industry, small businesses and pasty fans after unveiling proposals for a so-called "pasty tax" in his Budget. Lib Dem Stephen Gilbert told MPs during a Westminster Hall debate on VAT on hot... Full Article at The Independent
David Owen claims he was told by mandarins that relief on National Insurance contributions for small businesses outside London and the South-East was to be “killed off” despite the Chancellor’s stated support for the policy. But when the 48-year-old,... Full Article at This Is London
Gideon George Oliver Osborne (born 23 May 1971) is a Conservative Party politician in the United Kingdom, and has been the Member of Parliament for Tatton since 2001. He is currently Shadow Chancellor of the Exchequer. Full Article At Wikipedia.org
We’re not implementing the Basel agreement, as anyone who takes a look at this text will be able to tell you ... Every bank analyst, every financial journalist, every other finance ministry in the world would say that.
And he is compromising his position by once again backing George Osborne's economic plan, even though we now know it has comprehensively failed and pushed Britain back into recession.
I am not prepared to go out there and say something that is going to make me look like an idiot five minutes later
He is compromising his position by once again backing George Osborne’s economic plan.
What we want at the end of this process is to implement the Basel agreement
Instead of forcing families like these to pay the price of his economic failures - while spending billions on a tax cut for millionaires - George Osborne should be focused on finding fairer ways to get the deficit down.
I'm not prepared to say something that is going to make me look like an idiot five minutes later
George Osborne raised the prospect of a further £10 billion of cuts in welfare spending on top of the £18 billion reduction already planned; a move, he said, which was necessary to avoid extra spending cuts for other departments. The answer, at least in part, starts here in London, with a new manifesto ...
If we duck the challenge of implementing Basel, I think you could have very profound consequences for confidence in Europe this year
I have strong disagreements with William Hague who I have known for years, or with George Osborne. I don’t keep people in their jobs because they are my friends.
If we walk from this table with 27 countries having got a little bit of a something... then actually we will have completely failed
It looked like a PR stunt. David Cameron and George Osborne need to role their sleeves up. If you are going to be Prime Minister you need to do some work
The Governor still has a quarter of his term to serve and he is doing an excellent job ... When the time comes, the best person for the job will be appointed, whoever he or she may be.
When Thatcher's NHS upheaval got out of hand in 1988, she immersed herself in the detail and took personal charge of scaling it back. She would never have let cowboy builders rewrite her planning system. She would have read every line of George Osborne's recent budget, and seen the recklessness of cutti...
GKN’s success is an example of what Government and business can achieve by working together. The aerospace industry is a national asset.
We've saved Crossrail [the new railway in London] from the jaws of death – aka George Osborne; we got £3 billion for housing budgets in London. I've been able to get the budgets to keep police numbers high and we're going to do this for the foreseeable future.
The one thing that would make the situation even worse would be to abandon our credible plan and deliberately add more borrowing and even more debt.
It is no good the prime minister telling us that the eurozone crisis is going to last a long time. Cameron and George Osborne must accept their share of the blame.
Our plan is working and we're out of danger zone
George Osborne’s austerity gamble has badly backfired and plunged Britain into recession. Families, pensioners and businesses are paying a very heavy price for this double-dip recession made in Downing Street. It’s no wonder this weekend both Tories and Lib Dems are starting to criticise the Chancellor...
It's a very tough economic situation ... It's taking longer than anyone hoped to recover from the biggest debt crisis of our lifetime.
David Cameron has issued a devastating private warning that the crisis over Ministers’ links with Rupert Murdoch is ‘going to get worse before it gets better’ – amid fears at No 10 that George Osborne is being drawn into the heart of the row.
It's a very tough situation
We’ve saved Crossrail [the new railway in London] from the jaws of death - AKA George Osborne
It’s taking longer than anyone hoped to recover from the biggest debt crisis of our lifetime - even after the recent fall in unemployment. But over many years this country built up massive debts, which we are having to pay off.
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George Osborne and China: Asked why British money should be used to help rescue eurozone countries, Mr Osborne said that taxpayers from around the world, including those in America and China, would be "exposed" under the plan.
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