Osborne’s growth agenda

Whether the Conservatives like it or not, their agenda in government will be the “more for less” agenda. That is, having to cut public spending and find ways to improve services at the same time. This is far from impossible: after all, Labour has proven in the last 12 years that you can virtually double the money and have worse services. To achieve the reverse, all you need is public service reform—to do what Blair talked about in his final years in the job. George Osbrone has put the reform agenda at the centre of his speech on the economy today. He says:-

“We need a new model of growth. We need to change from an economy built on debt to an economy powered by savings and real returns on effort. A corporate sector less dependent on debt, with more equity investment in start-ups and the success stories of the future.