It is an exciting day for Liberty Osborne, the Chancellor’s daughter, to join him at work. The windows at HM Treasury are boarded up, workmen line the road replacing the bombproof (but not student-proof) glass. Graffiti defaces the walls, but although several politicians are named and shamed in spray paint (‘Why did Nick Clegg cross the road? Because he’d promised not to’) there is nothing unkind about the author of the cuts: George Osborne himself.
When we meet the Chancellor at 10.30 a.m. in 11 Downing St, he does not look the slightest bit like a man under siege. Seven-year-old Liberty bounds out of his study, waving at us cheerfully. The Chancellor is no less upbeat. As we sit down in what was, for nine years, Gordon Brown’s study, he points to the various improvements he’s made. ‘This door was kept locked for all the time Brown was here,’ he says, pointing to the door adjoining No.
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