George Osborne

Alistair Darling

Tory Leavers have repudiated their own economic policy

Stephen Beer  |  16 June 2016

George Osborne and Alistair Darling have stated that if the United Kingdom votes to leave the European Union, there will need to be an emergency budget. Not surprisingly, their claim has been criticised by the Leave campaign, but the central point is surely correct whether or not we are adherents to the austerity cult. The …

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Fifty £50 pound notes. Cash. Money.

Steady growth or a slowing economy?

Peter Hain  |  18 April 2016

Kitty Ussher has been looking at the UK economy through rose-tinted spectacles in her surprisingly over-optimistic assessment of Britain’s growth prospects under George Osborne. Ussher says that ‘the economy is in good shape’ and that the Office for Budget Responsibility ‘expects it to keep growing steadily’. In reality the UK economy is losing momentum, not cruising along comfortably. …

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RReeves GOsborne

Taxing questions for the chancellor

Rachel Reeves MP  |  15 April 2016

The leaked Panama Papers shone a light on the murky world of tax havens and will have far-reaching implications across the world. People are rightly angered that a super-rich elite strive to avoid or evade paying their taxes. David Cameron’s use of an offshore trust was eventually dragged out of him when he published his …

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The four-year deep freeze

Stephen Timms MP  |  15 April 2016

Last week, with no fanfare, the government’s four-year freeze on benefits began. It was the week in which the tax credit cuts would have kicked in, if parliament had allowed George Osborne to go ahead. But other cuts, like the new freeze, have gone ahead. The reduction in universal credit equivalent to the tax credit …

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The good, the bad, and the unpredictable

Kitty Ussher  |  12 April 2016

The threat of Brexit aside, the economy looks set to continue improving, says Kitty Ussher Regardless of the politics of the matter, the main news from last month’s budget is that the economy is in good shape. Of course, that is not to say there is not room for improvement, or that our country is structured …

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The Insider April 2016

Horsing about

The Insider  |  6 April 2016

In just five days, George Osborne’s budget delivered a cabinet resignation, a Labour poll lead and a total reversal on welfare. This meant Labour members of parliament returned to Westminster the following Monday in an unusually optimistic mood. This positivity lasted until 30 seconds into Jeremy Corbyn’s speech in the House of Commons that Monday afternoon. Not only did Corbyn fail …

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The March megashambles

Seema Malhotra MP  |  31 March 2016

We need prosperity that is fairly shared You might have thought George Osborne would have learned a lesson from his 2012 omnishambles budget. Not a bit of it. He surpassed himself with a megashambles. No budget has unravelled as quickly and as comprehensively as this one did. Within a couple of days its main revenue-raising …

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Play the ball, not the man

Christabel Cooper  |  24 March 2016

George Osborne has sometimes seemed like a cartoon villain, whose Machiavellian cleverness has thwarted Labour at every turn. Within weeks of the 2010 election, he had set about the construction of a giant trap – propagating the narrative that all his public spending cuts were absolutely necessary to fix the mess that Labour had left …

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We need to win

Sally Keeble  |  23 March 2016

Round two of the 2016 budget has Osborne promising to jettison his changes to disability benefits and having his record torn apart by Angela Eagle. But to dismiss his budget as a huge failure would be to underestimate what has happened. In fact the budget book shows he already has enough changes built into his …

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Oldham Town Hall

The truth about deprivation in Oldham

Jean Stretton  |  23 March 2016

It hurt like hell to see news stories labelling Oldham as the ‘most deprived town’ in England this week. As a proud resident and council leader, that is one of the ‘top five’ headlines you never want to read. My instinct was to defend the area because, hand on heart, I genuinely do not believe …

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