George Osborne

Osborne may need to rethink anti-tax avoidance measures

Previously describing tax avoidance as “morally repugnant”, Osborne has commendably acknowledged the extent of the problem as a drain on public finances. Unfortunately the key weapon in Osborne’s arsenal to tackle the problem – the General Anti-Abuse Rule (GAAR) – is far too narrow to prevent the major headline-grabbing schemes which have emerged in recent months.

Salman Shaheen ·

Osborne’s bet on Mundell-Fleming

What's wrong with the Mundell-Fleming model? This question probably doesn't much pre-occupy the political class, but it should because it provides pretty much the only defence remaining for the coalition's macroeconomic policies.

Chris Dillow ·

Responsible Capitalism: a European wave is building that Labour should ride

A year ago, Ed Miliband set out his vision of Responsible Capitalism, saying Labour was “determined to stand up against the vested interests that are imposing a surcharge culture on people”. In the past few weeks in Germany, the German trade union movement (DGB) has developed the idea of a new Marshall Plan for Europe. It is this kind of joined up thinking that we urgently need to build a credible alternative to austerity.

Guest ·
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