Leslie: ‘Frenzied Osborne throwing around false allegations and demeaning his office’

Shadow Treasury minister Chris Leslie accused George Osborne of “lashing out in a frenzied way” in his Spectator interview today.

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Shadow Treasury minister Chris Leslie accused George Osborne of “lashing out in a frenzied way” in his Spectator interview today, accusing the chancellor of “playing party politics” and tossing allegations around “with no evidence”.

George-Osborne-SpectatorLeslie, repeating Ed Miliband and Ed Balls’s calls for a full inquiry, said:

“This is desperate stuff from George Osborne – lashing out in a frenzied way that demeans the office of the Chancellor of the Exchequer. It’s now increasingly clear that he isn’t interested in getting to the truth, only in playing party politics and throwing around false allegations with no evidence.

This is why we need an independent, forensic, public and judge-led inquiry that can rise above party politics. David Cameron and George Osborne need to explain why they have spent the last week desperately trying to resist one.”

In an interview with the Speccie, Osborne sought to lay the blame for the Libor scandal at Labour’s door, as interviewer James Forsyth makes clear:

If exonerating the Bank is his first priority, his second is tying this scandal to the last government. He starts by blaming the regulatory system devised by Brown and Balls for allowing these abuses to happen.

But suddenly, and far more explosively, he moves on to the political efforts to keep Libor low during the financial crisis of 2008:

“As for the role of the Labour government and the people around Gordon Brown – well I think there are questions to be asked of them.”

He starts to discuss reports that those in the Brown circle were pressuring Barclays to manipulate the Libor rate it was paying.

Then he drops a bombshell:

“They were clearly involved and we just haven’t heard the full facts, I don’t think, of who knew what when.”

For Osborne to declare that those around Brown were involved in the efforts to keep Libor down is a remarkable charge, one sure to pour petrol on the political fire raging after it was revealed that ‘senior Whitehall sources’ were behind the pressure on Barclays over Libor.

 


See also:

Miliband attacks “slow to act, bankrolled by the banks” Cameron at PMQs 4 Jul 2012

Balls: ‘I’d be very happy to appear at an inquiry… Why are ministers so worried by one?’ 4 Jul 2012

Once again, hypocritical, deregulation-loving Osborne attacks Labour over bank regulation 3 Jul 2012

Arrogant Osborne still refusing full banking inquiry – even as Diamond resigns 3 Jul 2012

After the Barclays Libor scandal, how long must we wait for a public inquiry? 29 Jun 2012

George “regulation was too burdensome” Osborne attacks Labour for being too lax 28 Jun 2012

Miliband: Time for prosecutions, proper regulation and an end to the “casino culture” 28 Jun 2012


 

If Osborne is so certain in his accusations, why not allow a full, judge-led inquiry grill those he’s accused? Given the repeated calls from Miliband and Balls for such an inquiry they don’t fear one – unlike Osborne and Mr Cameron.

 


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23 Responses to “Leslie: ‘Frenzied Osborne throwing around false allegations and demeaning his office’”

  1. Magapanthus Smith

    .@ChrisLeslieMP: 'Frenzied Osborne throwing around false allegations and demeaning his office': http://t.co/NWZKH3hs by @ShamikDas

  2. eveningnew

    RT @leftfootfwd: Leslie: 'Frenzied Osborne throwing around false allegations and demeaning his office' http://t.co/LaizTWTJ

  3. Political Planet

    Leslie: ‘Frenzied Osborne throwing around false allegations and demeaning his office’: Shadow Treasury minister … http://t.co/59wysSms

  4. David

    .@ChrisLeslieMP: 'Frenzied Osborne throwing around false allegations and demeaning his office': http://t.co/NWZKH3hs by @ShamikDas

  5. Christine Hill

    .@ChrisLeslieMP: 'Frenzied Osborne throwing around false allegations and demeaning his office': http://t.co/NWZKH3hs by @ShamikDas

  6. leftlinks

    Left Foot Forward – Leslie: ‘Frenzied Osborne throwing around false allegations and demeaning his… http://t.co/wV3LV7VA

  7. mcquade

    Osborne better have some stury evidence otherwise he deserves to be sued to the max for libel.

  8. Inside the world of the bankers... This is why we need a full inquiry | Left Foot Forward

    […] See also: • Leslie: ‘Frenzied Osborne throwing around false allegations and demeaning his office’ 4 Jul […]

  9. Robert CP

    .@ChrisLeslieMP: 'Frenzied Osborne throwing around false allegations and demeaning his office': http://t.co/NWZKH3hs by @ShamikDas

  10. Jake Lambert

    .@ChrisLeslieMP: 'Frenzied Osborne throwing around false allegations and demeaning his office': http://t.co/NWZKH3hs by @ShamikDas

  11. liane gomersall

    'Frenzied Osborne throwing around false allegations and demeaning his office' | Left Foot Forward http://t.co/fd0Gv84l

  12. fljf

    .@ChrisLeslieMP: 'Frenzied Osborne throwing around false allegations and demeaning his office': http://t.co/NWZKH3hs by @ShamikDas

  13. BevR

    RT @leftfootfwd: Leslie: 'Frenzied Osborne throwing around false allegations and demeaning his office' http://t.co/Lz7bxYEY

  14. Alex Braithwaite

    RT @leftfootfwd: Leslie: 'Frenzied Osborne throwing around false allegations and demeaning his office' http://t.co/rpkZEW5u

  15. Jane Leach

    RT @leftfootfwd: Leslie: 'Frenzied Osborne throwing around false allegations and demeaning his office' http://t.co/ve7LCf2W

  16. JC

    Another day, another disparaging adjective. If you have something to say about the policies and the way they are decided upon and carried out, do so. I’m getting bored with the personal attacks which get in the way of criticising policy.

  17. Calls grow for an independent banking inquiry, after MPs give Diamond easy ride | Left Foot Forward

    […] Leslie: ‘Frenzied Osborne throwing around false allegations and demeaning his office’ 4 Jul […]

  18. Graeme

    Uh huh – given the wild and unproven nature of Osborne’s conduct, they look pretty justified to me.

    ‘I’m getting bored with the personal attacks which get in the way of critcising policy’. Quite. May I suggest a postcard to no. 11?

  19. Kevin Richards

    Put up or shut up : Frenzied Osborne throwing around false allegations and demeaning his office' http://t.co/5BQpaayg

  20. Tory MPs unnerved by Osborne's “disproportionate obsession” with Balls | Left Foot Forward

    […] this week, the chancellor, in an explosive interview with the Spectator, accused Ed Balls of complicity in the Libor scandal, saying he has […]

  21. JC

    Sorry Graeme. I didn’t realise that it was all relative. Personally, I’d rather have a discussion on policies and such like. If we’re to have a more personal approach to politics I’m sure that the Labour party will have problems getting re-elected as the Tories are rather good at that.

  22. Tory MP: Osborne has "obviously made a mistake" and "he should apologise to Balls" | Left Foot Forward

    […] comments follow the the chancellor’s interview in the Spectator and the rowdy scenes during last Thursday’s Commons debate on what form an […]

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    […] Leslie: ‘Frenzied Osborne throwing around false allegations and demeaning his office’ 4 Jul […]

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