LONDON (AP) – Former British Treasury chief George Osborne has been appointed editor of the Evening Standard newspaper, touching off a torrent of criticism about whether a sitting lawmaker should be able to run a London-based daily.
The average forecast for UK economic growth has more than tripled since Britain’s vote to leave the European Union (EU) as economists monitored by HM Treasury revise their predictions upwards.
Cambridge University’s Centre for Business Research has condemned the ‘Project Fear’ predictions which the government produced during Britain’s referendum on the European Union (EU) as “very flawed and very partisan”.
George Gideon Oliver Osborne, the former Tory chancellor, has admitted he did not “understand” people outside of London were “angry” and felt “disconnected” from the governing elites in Westminster and the European Union (EU).
The world’s ‘leading’ economic think-tank, repeatedly cited by the Chancellor to push ‘project fear’, has humiliatingly U-turned on its ‘doomsday’ Brexit warnings, predicting strong growth for the UK.
The newly-moustachioed, outgoing leader of Britain’s UK Independence Party (UKIP) has issued a devastating obituary of former Chancellor George Osborne’s political career, branding him a “pasty-faced bastard”, “a weasel”, and calling his behaviour during the European Union referendum campaign “despicable”.
I can think of only two explanations for David Cameron’s dodgy resignation honours list, in which he has showered knighthoods and gongs on all manner of cronies, lickspittles and catamites, ranging from his wife’s fashion stylist to the Labour apparatchik who ran the mendacious and unsuccessful Remain campaign, and which one former cabinet minister has described as “sticking two fingers up” at the Tory party.
The German Finance Minister has hit out against Chancellor of the Exchequer George Osborne’s plans to cut the corporation tax rate post-Brexit, saying Germany had “no intention” to join in a “race to the bottom”. Speaking to reporters on Wednesday,
The Chancellor of the Exchequer George Osborne has used the death of Labour MP Jo Cox to demand Brexit supporter uses less “divisive political debate” seconds before comparing UKIP to the Nazis and reasserting his doomsday predictions for the economy outside the EU.
The Chancellor of the Exchequer George Osborne has been slammed by London’s estate agents who insist that he, not the possibility of an exit from the European Union, is to blame for the recent slump in London’s property market. In
Germany’s largest bank has predicted British stocks will be the best-performing in the continent and top UK firms will outperform EU rivals by as much as 5 per cent after a Brexit.
LONDON (Reuters) – Chancellor George Osborne said on Wednesday he would introduce an emergency budget if Britain voted to leave the European Union, but 57 of his own Conservative Party’s lawmakers said they would block the measures. Britons will vote
A vote to leave the European Union in a referendum next week would trigger tax hikes and spending cuts, Britain’s finance minister warned Wednesday, as stock markets sank on the increasingly likely prospect of Brexit.
Chancellor George Osborne’s warning that every household would be £4,300 worse off if Britain leaves the European Union (EU) is based a false assumption about how much single market actually means for British trade. Treasury figures trumpeted by Mr Osborne
How upset should we be by news that the BBC has been forced to slash its online food recipe service – as part of a £15 million cost-cutting programme? Fortunately, the faded Eighties pop star and left wing activist Billy
Mark Carney was imported from his native Canada to become Britain’s Bank of England governor on an £874,000 salary for one reason and one reason only: to serve as the creature of Chancellor of the Exchequer George Osborne.
The British public should take government predictions on the economic impact of leaving the European Union (EU) with a pinch of salt, the former Bank of England governor Mervyn King has warned, slamming the Treasury’s “simple minded” assessment of the
I’ve been trying, I really have, to give a damn about the fact that Paul Burrell, former butler to the late Diana, Princess of Wales, may have some shares in an offshore trust based in the British Virgin Islands called
Chancellor of the Exchequer George Osborne faces yet another budget headache as his plans for a sugar tax look set to face a legal challenge being considered by soft drinks manufacturers. Already facing a politically damaging and financially costly U-turn
LONDON (Reuters) – Chancellor George Osborne faced the prospect on Friday of a politically damaging and financially costly U-turn as dissent within his ruling Conservative Party grew over his plans to cut disability benefits. Osborne is seen as a contender
The government’s economic projections for the UK, as laid out in yesterday’s Budget, are based on levels of immigration which directly contradict their “promise” to bring migrant numbers down to the “tens of thousands”. The revelation will stoke suspicions that
Britain will introduce a sugar tax on soft drinks in 2018, the ‘Conservative’ Chancellor George Osborne announced on Wednesday. The shock announcement hit share prices in drinks and sugar firms, while left-wing campaigners celebrated the move. Just months after the government
UK Chancellor George Osborne has used his latest budget to declare war on free markets and consumer choice – in the guise of protecting vulnerable souls from the deadly threat of fizzy drinks. Note the weasel justification that this will “encourage
Britain unleashed a fresh wave of austerity on Wednesday in its latest annual budget and cut its growth outlook citing global markets turbulence rooted in China. Finance minister George Osborne, presenting his annual tax and spend plans, also warned that
Five London buildings of the British central governmental administration are now run in accordance with sharia law – including a strict ban on alcohol – after they were pawned off to Muslim buyers as part of an Islamic bond scheme. The
The chairman of an influential committee of British lawmakers has asked finance minister George Osborne to make clear that banks should not be able to offset regulatory fines against their corporation tax bills. In a letter sent to the Treasury,
Google has agreed to pay £130 million in back taxes to Britain, prompting criticism from opposition lawmakers and campaigners who said the “derisory” figure smacked of a “sweetheart deal”. Google, now part of Alphabet Inc, has been under pressure in
LONDON, United Kingdom – Just five protesters gathered outside of Osborne and Little, a family-owned wallpaper shop promising to “devastate the avenues where the wealthy live”, while around 100 people gathered near Downing Street last night to protest the British government’s
LONDON – British public finances recorded the worst deficit for any October since 2009, leaving Chancellor George Osborne (pictured above) a challenge to meet his borrowing goals as he prepares a major review of government spending. Britain’s headline public borrowing rose
Britain’s Chancellor will outline how he wants to protect London’s financial services industry in a reformed European Union (EU) when he travels to Germany next week. Prime Minister David Cameron is trying to convince other EU leaders to agree to
I keep hearing Chancellor George Osborne talking about the creation of a ‘Northern Powerhouse‘. For some time now I’ve been scratching my head and wondering what this really is all about. As with all things Osborne there is some electoral
LONDON (Reuters) – Concerns among British employers about a new, higher UK minimum wage are contributing to a sharp slowdown in hiring via recruitment firms, according to a survey published on Thursday. The number of people hired last month for
MANCHESTER, United Kingdom – Chancellor George Osborne has categorically ruled out cutting Britain’s huge foreign aid budget, while also backing expensive new infrastructure projects as he tries to reduce Britain’s deficit. In his speech to the Conservative Party Conference in
There’s been a lot of hubbub this morning, as there has been all week, about the popularity of the new Labour leader Jeremy Corbyn. But while the media and the Conservative Party revel in the victory of their latest piñata being
David Cameron is preparing to accept around 15,000 Syrian refugees and would like to commence military action against Islamic State (IS) militants within a month, senior sources have said. Details of Britain’s refugee resettlement programme are currently being finalised after
Last month I watched the celebrated US economist Paul Krugman explain to 2000 people in Las Vegas why debt doesn’t matter. Despite being at a business focused libertarian conference he convinced a sizeable chunk of his audience, by a show
Yesterday it was supermarket chain ASDA. Today it is the health care sector. Barely months after the Tories announced the introduction of a national living wage, another casualty of what looks certain to be a dramatic rise in labour costs has
Energy campaigners have called on the British government to “realise” at least one shale project in the UK, to prove the technology’s worth and to prevent investors drifting away to projects abroad. “The most important step now is to kick-start one shale
The Economist magazine this week splashes on Chancellor George Osborne’s budget, with the headline “The New Conservatism: George Osborne’s political vision is brave, bold—and on many counts wrong”. It read (emphasis added): On July 8th Mr Osborne rose to give the
The law of unintended consequences has struck George Osborne’s summer budget. According to the Financial Times, the Chancellor’s much-trumpeted minimum pay guarantee “will enhance the lure of the British labour market to migrants.” This means the same Conservative Party that always
