George Osborne says that banks must be stopped from paying bonuses as they need their profits to rebuild their balance sheets while at the same time it would be a bad thing if banks increased their profits to rebuild their balance sheets.
George Osborne pledges a Conservative government would emulate the policies being implemented by Tory councils
David Cameron mentioned the phrase “debt crisis” eight times in his speech yesterday. On Sunday, speaking on the Andrew Marr show, George Osborne said, “the difference between Britain and countries like France and Germany is that we have an absolutely enormous budget deficit.” But research used by the Conservative Party show that Britain’s debt position is far from in crisis despite their claims.
Last Autumn, at the height of the financial crisis, the Labour Government launched a fiscal stimulus despite falling tax revenues. The Irish responded in the opposite manner by cutting back spending and raising taxes.
In George Osborne’s speech to Demos last week, he looked to Sweden to provide evidence for how a Conservative government could reform the education system and provide “more for less” while also delivering high standards. But the reforms would cost £1.2 billion and it’s not clear that the Swedish system is the panacea that the Conservative Party suggest.
In his keynote speech at Demos titled “Progressive reform in an age of austerity,” George Osborne refused to embrace a policy of progressive taxation or set out what a progressive foreign policy under a Conservative government would mean. Osborne claimedtest
Left Foot Forward last week revealed how Tory links to hedge fund managers raised potential conflicts of interest with George Osborne’s widely trailed proposals to abolish the Financial Services Authority. Evidence unearthed today by Sam Coates on freebies accepted bytest
George Osborne’s widely-trailed plans to abolish the Financial Services Authority, unveiled yesterday, appear to pose more questions than they answer. The proposals – to disband the FSA and transfer its powers to the Bank of England and a new quangotest
