George osborne

Why doesn’t Osborne admit the link between the jobs miracle and slowing down deficit reduction?

Will George Osborne come ever clean about his successes? I caught up with the Chancellor in Leeds today and asked him about the Treasury’s role in the jobs miracle. I put it to him: isn’t it the case that he has decided to go slower on deficit reduction to support the jobs boom? The figures show that this is exactly what’s happened: the Treasury isn’t getting as much tax in because so much of the increase in employment is in low-paid jobs. [datawrapper chart=”http://static.spectator.co.uk/N7pwS/index.html”] Osborne has decided to cut these workers’ taxes, and even support their income through tax credits. You’d think a compassionate conservative would make a virtue of this and say

Were the Tories’ dodgy figures designed to provoke Labour into making a statement?

Why are the Tories peddling what the independent Institute for Fiscal Studies has described as ‘at best unhelpful’, which is the claim that households would be hit with a £3,000 tax bombshell if Ed Miliband becomes Prime Minister? The IFS’ analysis came out earlier today, but this evening George Osborne repeated the claim, saying: ‘Well it’s based on what the Labour party has voted for and what Ed Miliband has said he will do… I am confident that that is based on what the Labour party has voted for in Parliament.’ listen to ‘George Osborne stands by £3,000 Labour tax rise claim’ on audioBoom

Keep trolling the politicians, Twitter

A politician’s life on Twitter is rarely uneventful. I have written in defence of all the goodwill and positive communication this election has seen on social media. But slip-ups are costly. As the election gets closer and the debates, broadcasts and gaffes begin, Twitter is watching. My research group CASM looked at how the #BattleForNumber10 went down on Twitter yesterday evening, running an analysis with Qlik during the debates to track the ‘boos’ and the ‘cheers’ being sent during the hour. The results gave it to Ed, but the most striking aspect of the chart was the hammering Cameron took as he was mauled by Paxman (who himself was roundly

Lord Freud: the man who saved the welfare system

It was mid-October and Downing Street was in a panic. Lord Freud, the welfare minister, had been secretly recorded suggesting that disabled people could be paid less than the minimum wage. Labour demanded Freud should go. The No. 10 press office was briefing journalists that he would be out within hours. Craig Oliver, excitable Downing Street director of communications, advised the Prime Minister that Freud was finished. There was talk of the return of the nasty party, and days of dreadful headlines. In the end David Cameron stayed loyal. Within 48 hours the story was forgotten. Welfare reform is the coalition’s most important achievement. Universal Credit is at the heart

Learn from Elizabeth I, Cameron: a named successor is a shroud

As Fraser Nelson says on this morning’s Spectator podcast, David Cameron will likely be regretting yesterday’s announcement for the rest of his premiership. He’s not a ripe watermelon; highlighting that he has a best before date won’t encourage anyone to eat him now, before he grows mould. Worse, he’s announced a shortlist of three possible successors: ‘the Theresa Mays, and the George Osbornes, and the Boris Johnsons’. We all know the troubles a similar announcement caused Tony Blair, but even if Dave managed to sleep through the Blair-Brown years (from the opposite green benches), dipping into the biography of any pre-modern English monarch should have taught him of the dangers of

David Cameron: this will be my last election. Theresa, George or Boris may succeed me

With just days to go until the general election campaign, David Cameron has declared that this is last time he’s leading his party into battle. It’s not clear why he felt the need to make this announcement, a tactic normally used by unpopular and besieged leaders to buy time. He says he will stand for a ‘full second term’ but won’t serve a third. His party has lots of talent, he said – a comment that all party leaders make from time to time. But what’s unusual is that Cameron actually picked out three potential successors: Theresa May, George Osborne or Boris Johnson (in that order). Which will set all kinds of hares running.

100% Pork Constituency Guide to the 2015 Budget

Hendon has a special place in my heart. No really. My parents met there. I mourned when my favourite childhood adventure playground, Kidstop, was burnt to the ground. We even took a primary school trip to its RAF museum and wondered at the marvels of the Battle of Britain. So I felt somewhat nostalgic at the Chancellor’s announcement of £2.5 million to secure the museum’s future. The RAF Museum does, of course, lie in a constituency with a Conservative majority of just 106 votes, where former Labour MP and now local GLA member Andrew Dismore seems one of his party’s most likely candidates in the country to take a seat

Tory MPs content with ‘boring’ Budget

How has George Osborne’s Budget gone down with his party? The Tory MPs I’ve spoken to in the past 24 hours or so since the Budget seem reasonably content with it. They’re not skipping through the corridors singing, but they’re equally not furious or despairing. Most seem to have sympathy with the lack of a rabbit in the Chancellor’s speech, even though they’re a bit disappointed that the Chancellor gave enough signals for them to think he was keeping a rabbit in his hat, only for a hamster to come scuttling out in the form of his Help to Buy ISAs. One senior Tory backbencher says: ‘The judgement that he’s

Isabel Hardman

Voters won’t be able to make an informed choice in May

If there’s one major takeaway from this morning’s Budget interviews, it is that voters won’t get the opportunity to make as informed a choice as many would like in May. George Osborne refused to set out the detail of the £12 billion of welfare cuts he will make in the next Parliament and gave a classic politician’s answer on defence spending, which was that ‘we are promising to keep our country safe’. Meanwhile Ed Balls ended up telling the Today programme that he wouldn’t reverse anything from the Budget, claiming it was pretty ’empty’. He said what he was worried about were those spending cuts in what the OBR calls the ‘roller coaster’ planned for the next Parliament.

Podcast: George Osborne’s 2015 budget, the jobs miracle and shooting squirrels

Has George Osborne produced a successful Budget? On this week’s View from 22 podcast, Fraser Nelson, James Forsyth and Isabel Hardman discuss the last major act of this Parliament and what it means for the impending election campaign. Did the Chancellor announce anything of particular interest? Is this a Budget targeted purely at savers and pensioners? How influential were the Liberal Democrats in creating this budget? And on which points will Labour attack the government? Jonathan Portes and Fraser also discuss this week’s Spectator cover feature on the jobs miracle and why the government isn’t extolling its excellent record on employment. Is the coalition still embarrassed over immigration record and therefore reluctant to mention any of the upsides? Is the boom

James Forsyth

A typical coalition Budget – designed to put the Tories back in power

George Osborne usually tells his aides to prepare for each Budget as if it were his last. This time round, the Chancellor and those around him needed no reminding of what is at stake. They knew that this statement had to boost the Tory election campaign and define the choice facing voters in May, otherwise it really will be the last Budget he gives. As one Tory MP put it, ‘The Budget’s got to deliver some political momentum or we’re done for.’ Osborne has long been aware of the importance of this Budget for his career. If David Cameron returns to No. 10 after the election, Osborne will take the

Martin Vander Weyer

Here’s what a real reform of business rates would look like

Of all the measures talked up ahead of the Budget, the reannouncement of a ‘radical’ review of the business rates was the least concrete in content but the most important in potential impact on the domestic economy, and especially on business investment. This column has banged on for years about the iniquity of a system that imposes the highest local taxes on businesses of any EU country, based on pre-crash rental assessments and bearing no relation to the value of diminishing local authority services. It’s a system that, on top of other economic woes, has brought devastation to town centres — and gets away with all this because it has

Osborne gets the post-Budget front pages he hoped for

If George Osborne’s Budget is going to end up in a mess, it hasn’t done so yet. The worst criticism that the front pages of even hostile newspapers can come up with is that the Chancellor has produced a very political Budget which is hardly a surprise. Most splash on the retail offers in the Budget and the good economic news.    Some of the front pages have rather creative approaches to the Budget. Even front pages such as the i, which foregrounds the politics behind the Budget, still refer to the tax cuts for first-time buyers and savers. And the most critical front pages, from the Guardian and the Mirror,

Listen: The Spectator’s verdict on the 2015 Budget

George Osborne has delivered the last budget of this Parliament, was it a success? In a View from 22 podcast special, Fraser Nelson, James Forsyth, Isabel Hardman and I discuss the Chancellor’s speech and what it means for the impending election campaign. Did Osborne announce anything of particular interest? Who was the Budget targeted at? How influential were the Liberal Democrats in creating this budget? And on which points will Labour attack the government? You can subscribe to the View from 22 through iTunes and have it delivered to your computer every week, or you can use the player below:

James Forsyth

A typical coalition Budget – designed to put the Tories back in power | 18 March 2015

Here is a preview of James Forsyth’s political column from this week’s Spectator, out tomorrow George Osborne usually tells his aides to prepare for each Budget as if it were his last. This time round, the Chancellor and those around him needed no reminding of what is at stake. They knew that this statement had to boost the Tory election campaign and define the choice facing voters in May, otherwise it really will be the last Budget he gives. As one Tory MP put it, ‘The Budget’s got to deliver some political momentum or we’re done for.’ Osborne has long been aware of the importance of this Budget for his

Listen: key points of Budget 2015

George Osborne delivered his final Budget of this Parliament today. Here is what you need to listen to: Full speeches George Osborne’s speech, in full: listen to ‘Budget 2015: George Osborne’s full speech’ on audioBoom

Budget 2015: Full text of Osborne’s speech

Mr Deputy Speaker, Today, I report on a Britain that is growing, creating jobs and paying its way. We took difficult decisions in the teeth of opposition and it worked – Britain is walking tall again. Five years ago, our economy had suffered a collapse greater than almost any country. Today, I can confirm: in the last year we have grown faster than any other major advanced economy in the world. Five years ago, millions of people could not find work. Today, I can report: more people have jobs in Britain than ever before. Five years ago, living standards were set back years by the Great Recession. Today, the latest

Isabel Hardman

Cabinet celebrates the Budget ‘in the traditional manner’

The Cabinet met this morning to discuss the Budget, with the Chancellor telling ministers that today the Conservatives will ‘set out the next stage in a plan that is working’ and deliver a ‘truly national recovery’, a reiteration of the comments he’s already posted on Twitter. The Prime Minister’s official spokesman told journalists that ‘there was an exchange of views from around the table’ and that the Budget was greeted ‘in the traditional manner’ by those present. He refused, though, to clarify what the ‘traditional manner’ is. Is it popping the cork of your own individual magnum of champagne in unison? Is it singing your school hymn, performing the Hakka, holding a