George osborne

The only MP who doesn’t want Angela Eagle to be the next Jeremy Corbyn is Jeremy Corbyn. He was away today — thank Gawd! — leaving Eagle to take on George Osborne who replaced the PM. Eagle is quality. Her low stature, her kindly, nunnish face and her merry eyes give her a huge advantage in debate because she appears to be without defences. What weapon could this sweet-natured tinky-winky milkmaid possibly wield? A roll of grease paper? A warm scone? A rubber duck? When she strikes, as she does, the blow arrives invisibly. She has a slangy northern tongue that can easily make an Oxbridge toff look like a

At last month’s Westminster Correspondents’ dinner, George Osborne made light of his behaviour during his budget U-turn. Joshing about his decision to send his Financial Secretary David Gauke to field questions from angry MPs: ‘A big speech in parliament, the pressure is on, you lot are baying for blood. My answer? Uncork the Gauke.’ So, it ought to come as little surprise to Osborne that MPs were weary to his ways when he appeared to use the same old strategy to avoid awkward questions on Monday about the latest Treasury EU report. With Osborne absent from proceedings, it fell on Gauke to answer the question — much to John Bercow’s

It is, at times, unclear that George Osborne is aware that the under-30s are voting in this EU referendum. When he talks about house prices plummeting post-Brexit, he talks as if this will strike fear into everyone’s hearts. For older people seeking to downsize, this might be true – but for almost everyone else, it’s not. And when I hear the In side arguing that we should all be terrified of Brexit because it will cause house prices to fall, I can’t help but wonder if this is the best single reason to vote ‘out’. For most people my age, one of the worst changes in Britain has been the

A Ryanair plane in a Stansted hangar was not the best backdrop for George Osborne’s claim that the economic argument about the European Union is now over and that his ‘consensus’ has prevailed. In recent years, Ryanair has lost its status as the fastest-growing budget airline in Europe: that honour goes to Norwegian Air, which has thrived outside the EU. And on the day of the Chancellor’s speech, a group of Ryanair passengers had announced their intention to take out a lawsuit against the company for what they see as unfair tricks to disguise the true cost of tickets. The Chancellor does the reverse of Ryanair: he tries to frighten

We’re now at the stage in the EU referendum debate where every announcement is explained in terms of its relationship to Brexit – whether relevant of not. So today we learn that inflation is still flat, dropping to 0.3pc in April. As per usual. But bizarrely, the Treasury is pretending that this tell us about the misery coming our way if Britain walks away from Europe. Here’s what a Treasury spokesman had to say about the figures: ‘Today’s inflation figure continues the trend we’ve seen over the past year. Pay is growing faster than prices, boosting families’ spending power. Last week the Bank of England’s Monetary Policy Committee warned that a vote to leave

Another day, another warning about the economic bombshell which would follow Brexit. This time it’s the turn of the IMF. In a press conference at the Treasury, Christine Lagarde spoke of the outcome of a vote to leave the EU ranging from ‘bad to very bad’. Whilst the IMF’s report said: ‘A vote to leave the EU would create uncertainty about the nature of the UK’s long-term economic relationship with the EU and the rest of the world. A vote for exit would precipitate a protracted period of heightened uncertainty, leading to financial market volatility and a hit to output.’ George Osborne was clearly grateful for the support of the

Boris Johnson is nodding along as he reads Karl Marx. To be more precise, he is standing in the Spectator boardroom reading a letter that Marx and Engels wrote to this magazine in 1850 complaining about being pursued by Prussian government spies in London. He then admires a picture of the youthful Taki chatting up Joan Collins at a New York nightclub in 1957. When he was editor of this magazine, he called it ‘the best job in London’. But now he says that being mayor of London was even better. Less fun, perhaps, but more fulfilling. After eight years at City Hall, he is turning his mind to what

The Chancellor gave evidence to the Treasury select committee today, and he was challenged about The Spectator’s analysis of his systematic attempt to mislead over the cost of Brexit. A loss of £4,300 per household, he said: a figure that he fabricated using three tricks. He disguised an increase as a decrease: the Treasury study suggests that GDP would be a 29 per cent bigger in 2030 with Brexit and and 37 per cent bigger with no Brexit. So the choice is between two significant rises. By no stretch of the English language is this a ‘fall.’ Osborne conflated household income with the very different notion of GDP, so he could arrive at a higher (and

It’s a good day for the Conservatives to bury bad news, when all attention is on Labour and the SNP’s election performances. So that must be why in the past few minutes Nicky Morgan has announced she is U-turning on the government’s plans to force all schools in England to become academies. The Education Secretary will no longer force good schools to change their structure, but will instead focus on selling the benefits of academies within the education community. This is a significant shift. In reality, it is all the government could do as there were too many Tory MPs opposed to the plans as set out in the White

Last night lobby hacks gathered with their favourite SpAds in tow for the Westminster correspondents’ dinner. This year’s guest of honour was George Osborne, who proceeded to win over the crowd with a jibe-filled speech. Osborne — who has previously accused the BBC of harbouring ‘imperial ambitions’ — did manage to find time to include a serious message alongside his many parliamentary put-downs. He urged Auntie to work alongside local news rather than against. However, it was his jibes against both his colleagues and himself that received the biggest laughs from the well-hydrated audience. Referring to his esteemed guests, Osborne said that never had there been so many big egos in one

There are moments when one wonders whether one is seeing and hearing the same things as others. For me such a moment occurred a fortnight ago when reading The Spectator’s weekly column by our political editor, James Forsyth. James is exceptionally well plugged in to the world of Westminster, but — beyond that — a person of cool and sensitive judgment, so I read what he writes with attention. He said this: ‘[The Prime Minister] is campaigning with no thought for the feelings of those in the party who disagree with him. It is one thing for a leader to disagree with close to half of his MPs and most