George osborne

When will George Osborne stop tinkering with pensions?

Sooner rather than later, George Osborne is going to have to come clean and tell us what he really wants to do with our pensions – the financial vehicles we and our employers painstakingly fund and that in theory should help us live out our retirement in a modicum of comfort. Will it be yet more tinkering as befits a Chancellor who has become known as the ‘Tinker Man of Pensions’ – the Government’s own version of footballing Tinker Man extraordinaire Claudio Ranieri ? Another restriction here and another rule change there. Or far more audaciously, will it be a radical overhaul of the tax incentives available to those who squirrel

Ross Clark

What if we vote Remain… then still have a recession?

A vote to leave the EU would cause economic Armageddon. We know because David Cameron and George Osborne have told us so, claiming that there is a wide consensus among economists on the matter. But what if – as now seems increasingly likely – we vote to remain but then have a recession anyway? The Prime Minister and the Chancellor are very quick to quote economists when making the case for us to stay in the EU, saying we should listen to the experts. They would do well to listen to what the experts are saying about the chances of a recession.  A Wall Street Journal survey in May put

Cameron’s appointment with fear

The best thing that can be said for David Cameron’s current predicament is that he has been here before. His career has been punctuated by moments when the polls and the pundits have said he was done for. In 2007, with the new Prime Minister Gordon Brown enjoying a honey-moon and considering a snap election, this magazine pictured him on the cover with a noose and the headline ‘Get out of this, Dave’. He did. At times, even he has thought his leadership was over. On election day last year, he spent the early evening rehearsing his resignation speech to his closest aides. Hours later, he was hailing the ‘sweetest

Coffee House shots: Osborne’s Brexit budget

George Osborne has angered Tory MPs today by suggesting a vote to leave the European Union could trigger a series of tax rises. 57 Conservative MPs have signed a letter saying that they would not support such a motion in Parliament in a move which left Osborne flailing during a tetchy interview on the Today programme this morning. So why did the Chancellor run the risk of winding up those on the Tory backbenches? And will it do anything to scare people into backing ‘Remain’? On today’s Coffee House Shots podcast, Isabel Hardman joins Fraser Nelson and James Forsyth, who says: ‘I think the aim of this was to shift

Steerpike

Watch: Andrew Neil grills Ed Vaizey for a second time over George Osborne’s EU spin

The last time Ed Vaizey appeared on the Daily Politics to defend one of George Osborne’s dodgy dossiers, the result was not pretty. The culture minister’s bumbling performance was compared to that of The Thick of It‘s Ben Swain, in his Newsnight interview. So, it was an interesting decision to send Vaizey back onto the airwaves today to defend Osborne’s new Brexit ‘punishment budget’. With the Chancellor of the Exchequer promising to go back on election promises and raise taxes if the people dare to vote for Brexit, Andrew Neil put to Vaizey that it didn’t add up: AN: Why does a shallow recession result in this massive punishment in

James Forsyth

Osborne’s dead cat Budget

The In campaign believe that they win when the referendum debate is focused on the economy. So, today George Osborne and Alistair Darling are outlining a deliberately provocative post-Brexit emergency Budget. It is stuffed full of horrors: a 2p rise in the basic rate of income tax, a 3p rise in the higher rate and cuts to the NHS budget to name but a few. The plan is clear, to get the economy and the supposed effects on the public finances of Brexit to the top of the agenda. Now, as Fraser and Jonathan Portes have pointed out these aren’t the kind of measures that a government would actually enact

Going for Boris just makes the Remain side look rattled

All sides of the Remain campaign are turning their fire on Boris Johnson at the moment. But these attacks are, I argue in The Sun today, a mistake by the Remainers. First, it makes Boris, the most popular politician in the country, the face of the Out campaign when the IN campaign’s strategic aim is to make voters think that Nigel Farage embodies the Out case. Second, it means that the whole referendum is seen through the prism of the Tory leadership. This is not only bad for Tory party unity post-referendum, but also makes it harder for IN campaign to get the support of Labour party voters as it

The Spectator podcast: Brexit – the first 100 days

To subscribe to The Spectator’s weekly podcast, for free, visit the iTunes store or click here for our RSS feed. Alternatively, you can follow us on SoundCloud. The EU referendum on June 23rd looks set to be one of the most important political moments in a generation. But if Britain does vote out, what would the next 100 days actually be like? The Prime Minister has predicted disastrous consequences, saying Brexit would plant a bomb under the economy. And we’ve been warned that house prices will crash and everything from air fares to ice cream will cost more. So, would Cameron step down straight away and watch the pound tumble?

Transcript: George Osborne vs Andrew Neil on Brexit

  Coffee House Shots James Forsyth and Isabel Hardman discuss George Osborne’s performance Abridged transcript of George Osborne’s interview with Andrew Neil. AN: Now you claim the European Union could cause armed conflict if we leave, could put a bomb under our economy if we leave – the Prime Minister’s words: hurt pensioners, collapse house prices. Why are you risking all that with a referendum? GO: Well, I don’t think it is ever a risk in a democracy to ask the people. And all my lifetime this issue of Britain’s membership of the European Union has hung over our economy and our security and I think it’s right that the

James Forsyth

The Andrew Neil Interviews: George Osborne tried to deal with the Turkish question

PODCAST: Listen to James Forsyth and Isabel Hardman discuss George Osborne’s performance: In a feisty interview with Andrew Neil, George Osborne has just declared that Turkey is not going to become a member of the EU. Osborne said that ‘Turkey has gone backwards’ since 2010 when David Cameron voiced his enthusiastic support for it joining the EU. He then went on to say, ‘Is it going to be a member of the European Union? No, it is not’. I suspect that Osborne’s intervention won’t end the Turkish issue in this referendum campaign. It is, after all, still official government policy that Turkey should join the EU at some point. But

Wish upon a star

Out come the stars in Kenneth Branagh’s Romeo and Juliet. He musters a well-drilled, celebrity-ridden crew but they can’t quite get the rocket off the launchpad. The stylish setting evokes Italy in the early 1950s. The girls wear New Look frocks and the boys sport tight slacks and shirtsleeves. Christopher Oram’s muted set has bland marble walls and tasteless squared-off pillars like a modern dictator’s palace on the Euphrates. A rare failure. Romeo is played by Game of Thrones inmate Richard Madden, who seems a handsome enough specimen, but Branagh might have asked him to act with his soul rather than his forearms. And he looks too mature. To kill

Why the opinion polls still matter

This EU referendum is a particularly difficult contest to poll and after the general election we all should be wary of treating them as gospel. But there’s no getting away from the fact that the mood in Westminster—and on the two campaigns—is heavily influenced by the polls. The recent good numbers for Leave have put a string in its step. They have also ensured that Vote Leave’s focus on immigration in the last few days isn’t seen as the last roll of the dice but as an attempt to focus on one of its strongest areas. Interestingly, influential figures on the Remain side privately accept that the referendum appears to

The Government must do more to ensure the ‘Northern Powerhouse’ becomes a lasting legacy

The recent Queen’s speech, along with the growing divisions in the Conservative Party over the EU referendum, have focused attention on how this Government will be remembered after David Cameron steps down in 2019. Many mentioned prison reform, improving university standards and tackling extremism, as signs of the Prime Minister’s determination to establish his legacy as a social reformer, guided by the compassionate conservatism which characterised his earliest pronouncements as Tory leader. Less remarked upon, however, was the renewed commitment in the speech to building the Northern Powerhouse, and empowering cities in the North to fulfil their economic potential – another key way in which the Government hopes to leave

Caitlin Moran promises to run for Parliament if Boris Johnson becomes Prime Minister

Although George Osborne is currently lagging behind Boris Johnson in favourability polls, he can take heart that an intervention by an unlikely figure could hamper his rival’s leadership appeal in certain Tory circles. Caitlin Moran — the Times columnist who led a 24-hour boycott of Twitter in 2013 — has pledged to run for Parliament if BoJo ever becomes Prime Minister. Yes, Moran, who was one of Russell Brand’s loudest cheerleaders — describing his turn on Question Time as ‘brilliant’ — during the comedian’s ‘revolution’, has her sights set on the Commons if Boris is successful in his leadership bid. Speaking at the Hay Festival, she said that while she prefers to work from the sidelines

The Spectator podcast: Brexit, and the return of political lying | 28 May 2016

To subscribe to The Spectator’s weekly podcast, for free, visit the iTunes store or click here for our RSS feed. Alternatively, you can follow us on SoundCloud. Are David Cameron and George Osborne using the same techniques of deceit deployed by New Labour in the run-up to the Iraq war? In his cover piece this week, Peter Oborne argues that’s just what is happening. He says that in their EU campaign, the Chancellor and Prime Minister have put dirty tricks back at the heart of government. But Matthew Parris in his column says that in politics there’s no point complaining about being lied to. That’s the cry of the bad

Purdah could give the Brexit campaign the boost it so badly needs

If you’ve become fed-up with half-baked Treasury statistics, the start of the purdah period is welcome news. The ban on Government and Civil Service resources being used to put forward the case for ‘remain’, means there will be no more of those. But with ‘remain’ having pushed ahead in the polls over the last few weeks, will this now help level the playing field? Based on how the Government has tried to press home the advantage of using its huge resources right up until the last moment, it seems that there are certainly jitters about that happening. Its rather cheeky report put out yesterday evening which suggested that Brexit would

Cameron’s biggest challenge will come after the EU referendum

The one thing that can be said with certainty about what will happen at Westminster post-referendum is that David Cameron will find governing even harder than he does now. His majority is already the thinnest of blue lines and opposition from Tory backbenchers has already forced the government to u-turn on a host of policies. This problem will get even worse after the referendum. There are bound to be some irreconcilable Tory MPs who will take every attempt they can to thwart Cameron and Osborne’s legislative agenda. The result: ‘a zombie parliament‘, in the words of one member of the payroll vote, with hardly any bills being passed. Cameron will,

Tom Goodenough

The Spectator podcast: Brexit, and the return of political lying

To subscribe to The Spectator’s weekly podcast, for free, visit the iTunes store or click here for our RSS feed. Alternatively, you can follow us on SoundCloud. Are David Cameron and George Osborne using the same techniques of deceit deployed by New Labour in the run-up to the Iraq war? In his cover piece this week, Peter Oborne argues that’s just what is happening. He says that in their EU campaign, the Chancellor and Prime Minister have put dirty tricks back at the heart of government. But Matthew Parris in his column says that in politics there’s no point complaining about being lied to. That’s the cry of the bad

Brexit, and the return of political lying

Sir John Chilcot’s report into the Iraq invasion, due to be published on 6 July, is expected to highlight the novel structure of government created by New Labour following its landslide victory of 1997. As Tony Blair started to make the case for war, he began to distort the shape and nature of British government in several ways — the most notable being the deliberate debasement of the traditional idea of a neutral, disinterested civil service. Under Blair, civil servants were told to concern themselves less with the substance than the presentation of policy. They were informed that their loyalty lay more with the government of the day, less with the

James Forsyth

This referendum has shown us the real Cameron

Westminster has a tendency to get ahead of itself. MPs want to discuss the aftermath of an event long before it has happened. They play never-ending games of ‘What if?’ At the moment, the political class cannot stop discussing, in great detail, what the post-EU referendum political landscape will look like. The speculation is, in and of itself, part of the political process. Much of the talk of the post-vote challenges facing David Cameron is intended to persuade him to pull his punches in the final weeks of the campaign. What no one disputes is that the Prime Minister will find governing even harder after 23 June. His majority is