James Forsyth and Isabel Hardman discuss George Osborne’s 2013 Autumn statement:
[audioboo url=”https://audioboo.fm/boos/1763353-isabel-hardman-and-james-forsyth-discuss-george-osborne-s-autumn-statement”][/audioboo]
Next week’s autumn statement looks at first as if it should be easy for George Osborne. For the first time, he’ll arrive with unambiguously good news. He can announce an upgrade of the growth forecasts and that borrowing has come in lower than expected. Politically, however, his task is as difficult as ever. He has to wrestle back the initiative from Labour.
Preparations for this ‘fiscal event’, to use the Whitehall parlance, have been intense. The government’s top Tories met last Friday to discuss how they wanted to project both David Cameron’s trip to China, which they hope will dominate the headlines in the days beforehand, and the autumn statement. They are acutely aware that this is their best chance to halt the momentum that Ed Miliband has had since his pledge to freeze energy prices.
Lessons have been learnt from the spectacular unravelling of the budget last year.
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in