George Osborne
Families £891 worse off from April, new figures show
Families will be an average of £891 worse off from next week because of tax rises and cuts to tax credits and benefits introduced since 2010, according to new figures.
OBR report shows extent of lost economic potential
Of all the decisions the chancellor has made, the one he may be regret the most is making the Office of Budget Responsibility (OBR) independent.
Graph showing Osborne’s failure as chancellor
The below graph shows the trajectory of the US and UK economies under both George Bush and Barack Obama and Gordon Brown and David Cameron respectively. It pretty much speaks for itself.
Exclusive: Three quarters of voters believe PM and chancellor out of touch
Just under three quarters of voters do not believe the prime minister and chancellor appreciate the rising cost of living, according to a poll conducted by Survation for Progressive Polling.
In style and substance, the budget spells more doom and gloom for greens
If Ed Miliband want to differentiate Labour from the Tories, it could start by showcasing its environmentally friendly economic policies.
The chancellor’s plan has failed and we are all paying the price
Within just three months the OBR’s forecast for growth in 2013 has been halved. The economy now looks set to be smaller at the time of the next election than it was when the crash hit in 2008 and our recovery remains the slowest in over a century. When the government took office they thought this year would see the economy expand by 2.9 per cent – their own forecasts now show we won’t reach that rate of growth by 2017. The economic case for a new approach has never been stronger.