Lord Oakeshott has just sparked some outrage by arguing on the World at One that George Osborne, who he described as a ‘Chancellor on work experience’ should be replaced by Vince Cable. He said:
‘I do think that George Osborne, he’s got no business experience, he’s never worked outside politics, and you know, he’s doing surprisingly well for a Chancellor on work experience, but really in a torrid time like this I think we do need the absolute best people available.’
A now-backbench Lib Dem peer announcing he would like to see a Lib Dem leading the Treasury team isn’t exactly the most surprising revelation. But what was interesting was the way Danny Alexander, who appeared a few minutes later on the programme, handled Oakeshott’s suggestion. Here’s the exchange between the Chief Secretary to the Treasury and Martha Kearney:
Martha Kearney: What about changing the Chancellor? Should George Osborne go, as your own Liberal Democrat colleague Lord Oakeshott has been saying this morning.

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