Jump to content

George Osborne: Difference between revisions

Page semi-protected
From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
Malarious (talk | contribs)
3,251 edits
No edit summary
Sky4t0k (talk | contribs)
3,789 edits
Line 51: Line 51:
Osborne was educated at two [[independent school (United Kingdom)|independent school]]s in west London: at [[Norland Place School]] in [[Holland Park]] and [[St Paul's School, London|St Paul's School]] in [[Barnes, London|Barnes]] (near [[Hammersmith]]),<ref>{{cite news |url=http://www.thisislondon.co.uk/standard/article-23583566-st-pauls-school-in-150m-rebuild.do |title=St Paul's School in £150m rebuild |newspaper=Evening Standard |first=Tim |last=Ross |date=7 November 2008 |accessdate=10 January 2010 }}</ref> followed by a [[Bachelor's degree]] at [[Magdalen College, Oxford|Magdalen College]] at the [[University of Oxford]]<ref name="ReferenceA"/> where he received a [[2:1]] in [[Modern History]].<ref name=Guardian_08_10_09/> At Oxford he edited the university's [[Isis magazine|''Isis'' magazine]],<ref name="dm-bullingdon">{{cite news |url=http://www.dailymail.co.uk/news/article-447223/Oxford-1992-Portrait-classless-Tory.html |title=Oxford 1992: Portrait of a 'classless' Tory |newspaper=Daily Mail |date=7 April 2007 |accessdate=22 November 2008 | location=London}}</ref> and was a member of the [[Bullingdon Club]].<ref name="dm-bullingdon"/> He also attended [[Davidson College]] in [[North Carolina]] for a semester as a [[Dean Rusk]] Scholar.<ref>http://daybook.davidson.edu/?p=1634</ref>
Osborne was educated at two [[independent school (United Kingdom)|independent school]]s in west London: at [[Norland Place School]] in [[Holland Park]] and [[St Paul's School, London|St Paul's School]] in [[Barnes, London|Barnes]] (near [[Hammersmith]]),<ref>{{cite news |url=http://www.thisislondon.co.uk/standard/article-23583566-st-pauls-school-in-150m-rebuild.do |title=St Paul's School in £150m rebuild |newspaper=Evening Standard |first=Tim |last=Ross |date=7 November 2008 |accessdate=10 January 2010 }}</ref> followed by a [[Bachelor's degree]] at [[Magdalen College, Oxford|Magdalen College]] at the [[University of Oxford]]<ref name="ReferenceA"/> where he received a [[2:1]] in [[Modern History]].<ref name=Guardian_08_10_09/> At Oxford he edited the university's [[Isis magazine|''Isis'' magazine]],<ref name="dm-bullingdon">{{cite news |url=http://www.dailymail.co.uk/news/article-447223/Oxford-1992-Portrait-classless-Tory.html |title=Oxford 1992: Portrait of a 'classless' Tory |newspaper=Daily Mail |date=7 April 2007 |accessdate=22 November 2008 | location=London}}</ref> and was a member of the [[Bullingdon Club]].<ref name="dm-bullingdon"/> He also attended [[Davidson College]] in [[North Carolina]] for a semester as a [[Dean Rusk]] Scholar.<ref>http://daybook.davidson.edu/?p=1634</ref>


==Working==
==Early career==
Osborne's first job was entering the names of people who had died in London into a [[National Health Service (England)|National Health Service]] [[computer]].<ref name="The George Osborne Supremacy">{{cite news |title=The George Osborne Supremacy |newspaper=Daily Mail |date=21 September 2008 |url=http://www.dailymail.co.uk/moslive/article-1056606/Its-wife-arranges-mortgage-admits-George-Osborne--Chancellor-waiting.html |accessdate=21 September 2008 | location=London | first=Jon | last=Wilde}}</ref> He also briefly worked for [[Selfridges]], re-folding towels.<ref name="The George Osborne Supremacy"/> He originally intended to pursue a career in journalism, but instead got a job at [[Conservative Campaign Headquarters|Conservative Central Office]].<ref name="The George Osborne Supremacy"/>
Osborne's first job was entering the names of people who had died in London into a [[National Health Service (England)|National Health Service]] [[computer]].<ref name="The George Osborne Supremacy">{{cite news |title=The George Osborne Supremacy |newspaper=Daily Mail |date=21 September 2008 |url=http://www.dailymail.co.uk/moslive/article-1056606/Its-wife-arranges-mortgage-admits-George-Osborne--Chancellor-waiting.html |accessdate=21 September 2008 | location=London | first=Jon | last=Wilde}}</ref> He also briefly worked for [[Selfridges]], re-folding towels.<ref name="The George Osborne Supremacy"/> He originally intended to pursue a career in journalism, but instead got a job at [[Conservative Campaign Headquarters|Conservative Central Office]].<ref name="The George Osborne Supremacy"/>


Revision as of 15:51, 17 June 2011

‎

For other people named George Osborne, see George Osborne (disambiguation).
The Right Honourable
George Osborne

MP
Chancellor of the Exchequer
Incumbent
Assumed office
12 May 2010
Prime MinisterDavid Cameron
Preceded byAlistair Darling
Shadow Chancellor of the Exchequer
In office
5 May 2005 – 11 May 2010
LeaderMichael Howard
David Cameron
Preceded byOliver Letwin
Succeeded byAlistair Darling
Member of Parliament
for Tatton
Incumbent
Assumed office
7 June 2001
Preceded byMartin Bell
Majority14,487 (32%)
Personal details
Born (1971-05-23) 23 May 1971 (age 53)
Paddington, London, UK
Political partyConservative
SpouseFrances Howell
RelationsPeter Osborne (father)
ChildrenSon and daughter
Residence11 Downing Street (Official)
Alma materMagdalen College, Oxford
WebsiteOfficial website
Constituency website

George Gideon Oliver Osborne,[1] MP (born 23 May 1971[2] in Paddington, London)[3] is a British Conservative politician. He is the Chancellor of the Exchequer of the United Kingdom, a role he was appointed to in May 2010, and has been the Member of Parliament for Tatton since 2001.

Osborne is part of the old Anglo-Irish aristocracy, known in Ireland as the Ascendancy. He is the heir to the Osborne baronetcy (of Ballentaylor, in County Tipperary, and Ballylemon, in County Waterford).[4][5]

He was educated at Magdalen College, Oxford, before becoming a Conservative researcher, and then an MP.

Early life and family

Osborne is the eldest of four sons. His father, Sir Peter Osborne, 17th Baronet, co-founded the firm of fabric and wallpapers designers Osborne & Little.[6][7] His mother is Felicity Alexandra Loxton-Peacock, the daughter of artist Lady Clarisse Loxton Peacock.[2][8]

Originally named Gideon Oliver,[2] he changed his name to George when he was 13. In an interview in July 2005, Osborne said: "It was my small act of rebellion. I never liked it. When I finally told my mother she said, 'Nor do I'. So I decided to be George after my grandfather, who was a war hero. Life was easier as a George; it was a straightforward name."[9]

Education

Osborne was educated at two independent schools in west London: at Norland Place School in Holland Park and St Paul's School in Barnes (near Hammersmith),[10] followed by a Bachelor's degree at Magdalen College at the University of Oxford[2] where he received a 2:1 in Modern History.[7] At Oxford he edited the university's Isis magazine,[11] and was a member of the Bullingdon Club.[11] He also attended Davidson College in North Carolina for a semester as a Dean Rusk Scholar.[12]

Early career

Osborne's first job was entering the names of people who had died in London into a National Health Service computer.[13] He also briefly worked for Selfridges, re-folding towels.[13] He originally intended to pursue a career in journalism, but instead got a job at Conservative Central Office.[13]

Political career

He joined the Conservative Research Department in 1994 and became head of the Political Section. Between 1995 and 1997 he worked for the Ministry of Agriculture, Fisheries and Food as special advisor to minister Douglas Hogg (during the BSE crisis) and worked in the Political Office at 10 Downing Street. Between 1997 and 2001, he worked for then Conservative leader William Hague as a speech writer and Political Secretary. In this role he helped prepare Hague for the weekly session of Prime Minister's Questions, often playing the role of Prime Minister Tony Blair. Under the successive leaderships of Michael Howard and David Cameron he remained on the Prime Minister's Questions team.

Member of Parliament

Elected as the Member of Parliament for Tatton, Cheshire, in June 2001, he succeeded the Independent MP Martin Bell, who had famously defeated the controversial former Conservative minister Neil Hamilton at the 1997 election. Osborne won with a majority of 8,611, becoming (at that time) the youngest Conservative MP in the House of Commons. At the 2005 election, he was re-elected with an increased majority of 11,731 (51.8% of the vote) and in 2010 increased his majority still further to 14,487.

Shadow Cabinet

Osborne speaking at a podium, gesturing with his hands.
George Osborne at Conservative Spring Forum 2006 in Manchester.

In September 2004, Osborne was appointed to the Shadow Cabinet as Shadow Chief Secretary to the Treasury.

Following the 2005 general election, he was promoted to Shadow Chancellor of the Exchequer at the young age of 33 by the then-Conservative Party leader Michael Howard. Howard had initially offered the post to William Hague, who turned it down. Press reports suggest that Howard's second choice for the post was in fact David Cameron, who also rejected the job as he preferred to take on a major public service portfolio (he was made Shadow Education Secretary). Thus Howard turned to Osborne as his third choice for the role.[14] His promotion prompted speculation he would run for leadership of the Conservative Party when Howard stepped down, but he ruled himself out within a week.[15] Osborne served as campaign manager for David Cameron's leadership campaign, and kept the Shadow Chancellor's post when Cameron became leader later that year.

In 2009 when David Cameron was asked whether or not he would be willing to sack a close colleague such as Osborne, he stated, "With George, the answer is yes. He stayed in my shadow cabinet not because he is a friend, not because we are godfathers to each other's children but because he is the right person to do the job. I know and he knows that if that was not the case he would not be there."[16]

Osborne has expressed an interest in the ideas of "tax simplification" (including the idea of flat tax). He set up a "Tax Reform Commission" in October 2005 to investigate ideas for how to create a "flatter, simpler" tax system. The system then proposed would reduce the income tax rate to a flat 22%, and increase personal allowance from £4,435 to £10,000-£15,500. The idea of a flat tax is not included in the current Conservative party manifesto.[17]

Each year between 2006 and 2009, Osborne attended the annual Bilderberg Conference, a meeting of influential people in business, finance and politics.[18]

Comments on Gordon Brown

During Osborne's response to the Chancellor of the Exchequer Gordon Brown's Pre-Budget Report on 5 December 2005, Osborne accused Brown of being "a Chancellor past his sell by date, a Chancellor holding Britain back". In an interview the same week, he also referred to Brown as 'brutal' and 'unpleasant'.[19] In October 2006 Osborne was rebuked by the Speaker of the House of Commons when he attacked the Chancellor at Oral Questions to the Chancellor by citing a comment attributed to the Secretary of State for Work and Pensions John Hutton, describing the Chancellor as likely to make an 'effing awful' Prime Minister.[20] It was widely suggested that Osborne was leading an assault on Brown which would allow the Conservatives to discredit him without damaging David Cameron's public image.[20][21][22] Osborne faced criticism from some quarters for appearing to suggest that Brown was "faintly autistic". After talking about his ability to recall odd facts in an interview, a host suggested that Osborne may have been "faintly autistic"; Osborne responded by saying that "We're not getting onto Gordon Brown yet".[23]

"Run on the pound"

On 14 November 2008, in an intervention described by the BBC's Nick Robinson as "pretty extraordinary",[24] Osborne spoke out warning that the more the government borrows the less attractive sterling becomes. He said: "We are in danger, if the government is not careful, of having a proper sterling collapse, a run on the pound." Labelling Gordon Brown's tactic as a "scorched-earth policy", which a future Conservative government would have to clear up, Osborne continued: "His view is he probably won't win the next election. The Tories can clear this mess up after I've gone."[24] Lord Kalms, a prominent supporter of David Davis in the 2005 leadership election, told the BBC that former shadow home secretary David Davis would be more appropriate as shadow chancellor.[24]

The Deripaska claim

In October 2008, Osborne's school and university friend the financier Nathaniel Rothschild claimed that George Osborne had tried to solicit a £50,000 donation from the Russian aluminium magnate Oleg Deripaska, which would have been a violation of the law against political donations by foreign citizens.[25][26] Deripaska, whose wealth amounted to $3.5bn in 2009,[27] hosted Osborne, Rothschild and Lord Mandelson on his yacht in Corfu in the summer of 2008, where the allegations took place. The Electoral Commission received a formal complaint initiated in a letter by the Liberal Democrats' Home Affairs Spokesman, Chris Huhne, requesting them to investigate the claims against Osborne. The Commission rejected the claims and said it saw "no information" suggesting an offence.[28][29] The story was coined by the press as 'Yachtgate.'[30]

Expenses

In 2009, he received criticism for the way he had handled his expenses, after he was found to have "flipped" his second home,[31] changing which property he designated as his second home in order to pay less capital gains tax. The Lib Dems estimated he owed £55,000 to the public purse as a result of this.[32] He had previously paid back £1,193 on overpayments on his mortgage and chauffeur fares[33] after a complaint from a Labour activist, and it also emerged that he had claimed £47 for two copies of a DVD of his own speech on "value for taxpayers' money".[34] Parliament's standards commissioner's report found that although Mr Osborne had breached the rules the offence was "unintended and relatively minor". Osborne had been told at the time by the Fees Office that his claims would be within the rules. "We entirely accept that Mr Osborne derived no significant benefit from them," the report added. The BBC's Political Correspondent Iain Watson said the repayment was relatively small in comparison with those made by some other MPs and would not be regarded as politically damaging.[35]

2010 general election campaign

During the 2010 general election campaign, Osborne was considered to have been sidelined due to his perceived unpopularity and the perception as a 'weak link' by both the Liberal Democrat and Labour strategists.[36]

Political views

The Financial Times describes Osborne as "metropolitan and socially liberal. He is hawkish on foreign policy with links to Washington neo-conservatives and ideologically committed to cutting the state. A pragmatic Eurosceptic".[37] There is evidence of this commitment to cutting the state in his party's manifesto, with Osborne and the Conservatives seeking to cut the deficit "faster and deeper" than any other main party as well as committing to various tax cuts such as inheritance tax and national insurance. According to an IFS report before the 2010 election,[38] the Conservatives needed to find more money from cuts beyond what they had outlined than any other major party, although the report was also critical of Labour and the Lib Dems.

Chancellor of the Exchequer

Osborne was appointed Chancellor of the Exchequer on 12 May 2010 and, as per custom with Cabinet Ministers, was sworn in as a Privy Counsellor the next day.[39]

Osborne acceded to the chancellorship in the continuing wake of the financial crisis. Two of his first acts were setting up the Office of Budget Responsibility and commissioning a government-wide spending review, to conclude in autumn 2010, to set limits on departmental spending until 2014-15.[40] In July 2010, Osborne seeking cuts of up to 25 per cent in government spending to tackle the deficit, taking on the £20 billion cost of building four new Vanguard-class submarine to bear Trident would require a severe reduction in the rest of the Ministry of Defence budget. The Chancellor insisted that Trident had to be considered as part of the MoD's core funding. He said, "The Trident costs, I have made it absolutely clear, are part of the defence budget." He warned that if Trident was considered core funding, there would have to be severe restrictions in the way that Britain operated militarily, amid suggestions that regiments could be axed, or, potentially, the Royal Air Force and Royal Navy amalgamated. Liam Fox said, "To take the capital cost would make it very difficult to maintain what we are currently doing in terms of capability."[41]

On 4 October 2010, in a speech at the Conservative conference in Birmingham, Osborne announced a cap on the overall amount of benefits a family can receive from the state, estimated to be around £500 a week from 2013. It has been estimated this could result in 50,000 unemployed families losing an average of £93 a week. He also announced that he would end the universal entitlement to child benefit, and removed the entitlement from people on the 40% and 50% income tax rates from 2013.[42]

In February 2011 Osborne announced Project Merlin whereby banks will lend about £190bn to businesses this year - including £76bn to small firms - curb bonuses and reveal some salary details of their top earners. The Bank of England will monitor whether loans targets are being met. Liberal Democrat Treasury spokesman Lord Oakeshott resigned after the agreement was announced. This was in addition to the government increasing its levy on banks to £2.5bn this year - raising an extra £800m. HSBC, Barclays, Royal Bank of Scotland (RBS) and Lloyds Banking Group have signed up to the Project Merlin agreement, while Santander has agreed to the lending parts of the deal. Other pledges include providing £200m of capital for David Cameron's Big Society Bank, which is supposed to finance community projects.[43]

Fiscal tightening programme

The belief that the government is just a big household is fundamental to the government's plans. It believes that if it balances its budget, the economy will automatically balance, too. That idea will be tested to destruction by the [scale of the] planned [spending cuts] over the parliamentary term.

—Martin Wolf, October 2010[44]

Osborne set himself the target of reducing the UK's deficit to the point that, in the financial year 2015–16, the total public debt would be falling as a fraction of GDP.[45] On 24 May 2010, Osborne outlined £6.2bn cuts: "We simply cannot afford to increase public debt at the rate of £3bn each week."[46] A Financial Times editorial agreed.[47] In an open letter to the chancellor, however, the respected FT commentator Martin Wolf wrote: "I have been fascinated—if appalled—by the pre-Keynesian approach you and the prime minister have taken to the UK's fiscal challenges. What Keynes called "the Treasury view"—that fiscal policy has no effect on activity, even in a deep recession—is alive and well in Downing Street."[40] Comparing Coalition austerity measures with the Opposition's, Wolf commented that the "big shift from Labour. . . . is the cuts in welfare benefits."[44]

Leaked Treasury documents the next month revealed that Osborne anticipated his tighter spending would lead to 1.3 million jobs lost over the course of the parliament.[48] Osborne has termed those who object to his policy "deficit-deniers".[49]

In September, the IMF described Osborne's deficit reduction plans as "essential", though revised its growth estimate down,[50] and dozens of leading British CEO's publicly declared their support in a high-profile letter.[51] Others were openly hostile to Osborne's plans, notably David Blanchflower and Martin Wolf.[52][40][53] It was also reported in September that the quarterly UK trade deficit for April–June 2010 was the largest since annual records began in 1946.[54] "July's dreadful UK trade figures cast further doubt over the ability of the external sector to drive the recovery once the boost from government and consumer spending fades," commented Vicky Redwood of Capital Economics.[54]

George Osborne, presented the Government's Spending Review on 20th October, which fixed spending budgets for each government department up to 2014–15.[55][56] Before and after becoming chancellor, Osborne had alleged that the UK was on "the verge of bankruptcy".[57][58] When he maintained the stance to justify the Spending Review, Martin Wolf took issue: "The chancellor presents the hypothesis of looming national 'bankruptcy'. If so, the UK must have been bankrupt for much of the past two centuries."[59] A fortnight after his Review presentation, the Treasury Select Committee also accused the chancellor of using inflammatory language to justify the large public spending cuts.[60]

More bad news was to follow as it was reported that UK exports had fallen at a record pace in the fourth quarter of 2010, highlighting the fact that Britain had not escaped a plunge in global trade.[61] Vicky Redwood remarked: "Until the UK's export sector starts to perk up, any recovery in the overall economy seems unlikely."[61] The economy also posted a contraction of 0.5 percent for the final quarter of 2010.[62] Hetal Mehta from Dalwa Capitol described the negative growth as "a horrendous figure. An absolute disaster for the economy. . . . It seems that the economy is incredibly vulnerable. And with the fiscal tightening yet to fully bite, we will have to brace ourselves for a bumpy ride."[62] Osborne said that although the figures were disappointing, there was strong performances and growth from sections of the economy less affected by the weather, such as manufacturing.[62] He also declared that the poor figures and bad weather would not affect implementation of his austerity measures and budget deficit reduction, and that he would not be "blown off course".[62]

2011 ushered in better news, with the revised figures for the month of January indicating that the deficit in trade in goods had narrowed compared to December 2010, and by much more than expected.[63] "This is welcome news for the UK economy and signals a further rebalancing of the economy towards export-led manufacturing growth," said Chris Williamson, chief economist at Markit Group.[63] During January, for the first time in two years, Britain did not need to borrow money.

Osborne's policies caused continuing concern as a series of bad data indicated the deteriorating state of the UK economy.[64] Martin Wolf observed: "The release of the preliminary version of the May 2011 Economic Outlook from the Organisation for Economic Co-operation and Development allows the reader to trace the disappointing path that the UK economy has taken",[65] and NIESR, predicting a growth slump, recommended delaying the spending cuts.[66] On 6th June, fifty-two people, including some of Britain's leading economists, two former Whitehall advisers and two signatories of the previous year's high-profile letter backing the Tories' cuts, publicly warned Osborne that the UK was too fragile to withstand his drastic spending cuts and that he must draw up a plan B.[67][68] As in January, Osborne dismissed the criticism.[69] Over the following week, the IMF reaffirmed its support for Osborne's cuts, again describing them as "essential", though again revising its growth prediction down,[70][71] and a number of economists publicly encouraged Osborne not to abandon his deficit-reduction programme.[72] The same week featured a repetition of a threat by Moody's to downgrade the UK's credit rating[73] (a Chinese ratings agency had already downgraded Britain's credit rating because it foresaw years of sluggish growth),[74] contradicting Osborne's claim a few weeks prior that the UK's credit rating had "come off negative outlook ­when other countries are facing downgrades. We have brought much-needed stability at home and attracted near universal confidence abroad".[73][75]

In June it was reported that Osborne's staff had been complaining privately to the BBC about an alleged negative bias in the latter's coverage of the economy, and Osborne aired the accusation publicly in a BBC interview.[76] The BBC rebutted Osborne's comments on its website.[76]

Personal life

Osborne married The Hon. Frances Victoria Howell (b. 18 February 1969), author and elder daughter of former and current Conservative Cabinet Minister Lord Howell of Guildford, on 4 April 1998.[8] The couple have two children, Luke Benedict, born at Westminster, London, on 15 June 2001, and Liberty Kate, born at Westminster, London, on 27 June 2003.[3][13][77] He has an estimated personal fortune of around £4 million, as the beneficiary of a trust fund that owns a 15-per-cent stake in Osborne & Little, the wallpaper-and-fabrics company co-founded by his father, Peter Osborne.[78][79][80]

See also

References

  1. ^ House of Commons Hansard, 19 May 2010, Column 10
  2. ^ a b c d Charles Mosley, Burke's Peerage and Baronetage, 107th edition, volume 2, page 3030.
  3. ^ a b http://www.geneall.net/U/per_page.php?id=1309305
  4. ^ "George Osbourne and the Hoares: Top Tory who wants to look after our money puts his in haven for super-rich". The Mirror. 4 October 2009. Retrieved 6 October 2009.
  5. ^ "George Osborne and William Hague". Evening Standard. Retrieved 10 May 2010.
  6. ^ Tozer, James (17 February 2010), "George Osborne's doctor brother 'prescribed drug to cocaine-addict prostitute who wasn't his patient'", The Daily Mail, London, retrieved 19 March 2010
  7. ^ a b White, Michael; Boles, Nick (8 October 2009). "Britain's Top 10 Tories". The Guardian. London: Guardian Media Group. Retrieved 23 February 2010.
  8. ^ a b Charles Mosley, editor, Burke's Peerage, Baronetage & Knightage, 107th edition, 3 volumes (Wilmington, Delaware, U.S.A.: Burke's Peerage (Genealogical Books) Ltd, 2003), volume 2, page 1989.
  9. ^ Rachel Sylvester and Alice Thomson (22 July 2005). "The future belongs to us, predicts Tory party's young star". The Telegraph. London. Retrieved 23 August 2009.
  10. ^ Ross, Tim (7 November 2008). "St Paul's School in £150m rebuild". Evening Standard. Retrieved 10 January 2010.
  11. ^ a b "Oxford 1992: Portrait of a 'classless' Tory". Daily Mail. London. 7 April 2007. Retrieved 22 November 2008.
  12. ^ http://daybook.davidson.edu/?p=1634
  13. ^ a b c d Wilde, Jon (21 September 2008). "The George Osborne Supremacy". Daily Mail. London. Retrieved 21 September 2008.
  14. ^ Watt, Nicholas (12 May 2005). "Hague rejects post of shadow chancellor". The Guardian. London. Retrieved 4 May 2008.
  15. ^ "Osborne will not enter Tory race". BBC News. 20 May 2005. Retrieved 22 April 2007.
  16. ^ Greig, Geordie (6 November 2009). "David Cameron: Would I sack George Osborne? Yes absolutely if I have to..." Evening Standard. Retrieved 6 November 2009.
  17. ^ Schifferes, Steve (10 October 2005). "Flat tax inventor turns critic". BBC News. Retrieved 16 April 2010.
  18. ^ "Register of Members' Interests – George Osborne". TheyWorkForYou. Retrieved 16 April 2010.
  19. ^ Cathy Newman (2 December 2005). "Shadow chancellor attacks 'brutal' Brown". Financial Times. Retrieved 19 November 2007.
  20. ^ a b "Treasury questions". Hansard. 26 October 2006 : Column 1637. Retrieved 19 November 2007. {{cite web}}: Check date values in: |date= (help)
  21. ^ Derek Draper (21 August 2006). "Cameron's boot boys". Guardian Unlimited. London. Retrieved 19 November 2007.
  22. ^ Philip Webster (5 December 2005). "New era will begin with attack on Brown's record". The Times. London. Retrieved 19 November 2007.
  23. ^ "Osborne's Autism Jibe Criticised". BBC News. 2 October 2006. Retrieved 31 March 2010.
  24. ^ a b c "Osborne fears sterling collapse". BBC News Online. 15 November 2008. Retrieved 15 November 2008.
  25. ^ "Leading article: The flawed judgement of a shadow Chancellor". London: The Independent. 22 October 2008. Retrieved 23 November 2009.
  26. ^ Elliott, Francis (23 October 2008). "Nathaniel Rothschild: the solid financier reverted to type?". The Times. London. Retrieved 30 October 2010. {{cite news}}: Unknown parameter |coauthors= ignored (|author= suggested) (help)
  27. ^ "#164 Oleg Deripaska - The World's Billionaires 2009". Forbes. 11 March 2009.
  28. ^ Huhne donor probe call rejected BBC News, 23 October 2008
  29. ^ Huhne calls for Investigation of George Osborne Sky News, 23 October 2008
  30. ^ d'Ancona, Matthew (26 October 2008). "Doesn't 'Yachtgate' give you that sinking feeling?". London: The Telegraph. Retrieved 18 October 2010.
  31. ^ Brown, David (11 June 2009). "George Osborne 'flipped' second home to claim for £450,000 loan". The Times. London. Retrieved 11 June 2009.
  32. ^ Kite, Melissa (13 June 2009). "'MPs' expenses: George Osborne 'must be made to pay' say Lib Dems'". The Daily Telegraph. London. Retrieved 13 June 2009.
  33. ^ "'MPs' expenses: The table of paybacks'". The Daily Telegraph. London. Retrieved 18 June 2009.
  34. ^ "'Tatton MP George Osborne claimed £47 expenses for DVDs of his speech on "value for taxpayers' money"'". Retrieved 18 June 2009.
  35. ^ "'Osborne agrees to repay £1,936 after expenses breach'". BBC News. 21 January 2010. Retrieved 21 January 2010.
  36. ^ Tall, Stephen. "'Where's George Osborne? I'm curious'". The Guardian. London. Retrieved 28 April 2009.
  37. ^ A Conservative Who's Who FT.com
  38. ^ General Election 2010: Parties misleading voters over deficit, warns think tank IFS Yahoo! Finance, 27 April 2010
  39. ^ "Privy Council Orders". Privy Council. 13 May 2010. Retrieved 26 July 2010.
  40. ^ a b c Martin Wolf (10 June 2010). "A question for chancellor Osborne". The Financial Times. Retrieved 10 June 2011.
  41. ^ Prince, Rosa (29 July 2010). "George Osborne: Trident is not exempt from budget cuts". London: The Telegraph. Retrieved 4 October 2010.
  42. ^ Mulholland, Helene (4 October 2010). "George Osborne to cap welfare payments". London: The Guardian. Retrieved 4 October 2010.
  43. ^ Banks agree Project Merlin lending and bonus deal
  44. ^ a b Martin Wolf (28 October 2011). "Britain has gone climbing without a rope". The Financial Times. Retrieved 6 June 2011. This government has, in essence, decided to go political rock climbing without ropes. This is true of its fiscal judgment, of the resolute rejection of any fiscal Plan B and of the scale of the planned cuts.
  45. ^ Emma Rowley (12 June 2011). "UK economy 'Plan A' - Is George Osborne on the right path?". The Sunday Telegraph. Retrieved 12 June 2011.
  46. ^ "George Osborne outlines detail of £6.2bn spending cuts". BBC News. 24 May 2010.
  47. ^ Editorial (22 June 2010). "Osborne makes good on his promises". The Financial Times. Retrieved 10 June 2011.
  48. ^ Larry Elliott (29 June 2010). "Budget will cost 1.3m jobs - Treasury". The Guardian. Retrieved 10 June 2011. Unpublished estimates of the impact of the biggest squeeze on public spending since the second world war show that the government is expecting between 500,000 and 600,000 jobs to go in the public sector and between 600,000 and 700,000 to disappear in the private sector by 2015. . . . A slide from the final version of a presentation for last week's budget. . . . says: "100-120,000 public sector jobs and 120-140,000 private sector jobs assumed to be lost per annum for five years through cuts." 
  49. ^ Ed Howker (14th September 2010). "Barber, Blanchflower and the fake debate on double dip". Coffee House. The Spectator. Retrieved 10 June 2011. {{cite web}}: Check date values in: |date= (help)
  50. ^ "IMF backs coalition spending cuts". BBC News. 27 September 2010. Retrieved 6 June 2011.
  51. ^ "Osborne's cuts will strengthen Britain's economy by allowing the private sector to generate more jobs". The Daily Telegraph. 18 October 2010. Retrieved 10 June 2011.
  52. ^ David Blanchflower (30 June 2010). "Job cuts: Slasher Osborne drives us back into recession". Comment is free. The Guardian. Retrieved 10 June 2011. As can be seen, Blanchflower refers to Osborne as 'Slasher'.
  53. ^ Martin Wolf has referred to Osborne's austerity measures as "basically nuts". "Larry Summers and Martin Wolf: Keynote at INET's Bretton Woods Conference 2011". INETeconomics. 9 April 2011. 1:03:52–1:07:08. Retrieved 14 June 2011.
  54. ^ a b Daniel Pimlott; Emma Saunders (9 September 2010). "Trade deficit rises to postwar record". The Financial Times. Retrieved 10 June 2011.
  55. ^ "Key Spending Review announcements". Spending Review. HM Treasury. 22 November 2010. Retrieved 10 June 2011.
  56. ^ "Spending Review 2010: Key points at-a-glance". BBC News. 21 October 2010. Retrieved 10 June 2011.
  57. ^ Sam Coates (25 November 2008). "Parties reveal their battle lines for the next election". The Times. Retrieved 11 June 2011.
  58. ^ George Osborne (4 October 2010). "George Osborne's speech to the Conservative party conference in full". The Guardian. Retrieved 11 June 2011.
  59. ^ Martin Wolf (20 October 2010). "A spending review for a diminished country". The Financial Times. Retrieved 11 June 2011.
  60. ^ Phillip Inman (4 November 2010). "George Osborne accused of misleading public over UK bankruptcy claim". The Guardian. Retrieved 11 June 2011.
  61. ^ a b Daniel Pimlott (11 March 2011). "UK exports fall at a record pace". The Financial Times. Retrieved 10 June 2011.
  62. ^ a b c d BBC News (25 January 2011). "UK economy suffers 0.5% contraction". Retrieved 25 January 2011.
  63. ^ a b Norma Cohen, Exports surge narrows trade deficit in goods (9 March 2011). "Exports surge narrows trade deficit in goods". The Financial Times. Retrieved 10 June 2011.
  64. ^ Stephanie Flanders (25 May 2011). "The Organization of Entirely Consistent Disappointment". Stephanomics. BBC News. Retrieved 10 June 2011. A year ago, the OECD was predicting that the advanced economies, as a group, would grow by 2.8 per cent in 2011, and the UK would grow by 2.5%. Since then, the organisation has lowered the UK number on every available opportunity - culminating today in a new forecast for 2011 of 1.4% growth.
  65. ^ Martin Wolf (6 June 2011). "A long and hard road lies ahead for the British economy". The Financial Times. Retrieved 6 June 2011.
  66. ^ "Thinktank NIESR urges delaying spending cuts as growth slumps". The Guardian. Phillip Inman. 1 February 2011. Retrieved 11 June 2011.
  67. ^ Heather Stewart; Daniel Boffey (5 June 2011). "George Osborne plan isn't working, say top UK economists". The Observer. Retrieved 6 June 2011.
  68. ^ Letters (5 June 2011). "Coalition's spending plans simply don't add up". The Observer. Retrieved 6 June 2011.
  69. ^ Andrew Porter (6 June 2011). "George Osborne dismisses critics of his economic plan". The Daily Telegraph. Retrieved 6 June 2011.
  70. ^ Paul Hannon (6 June 2011). "IMF Backs U.K. Spending Cuts". The Wall Street Journal. Retrieved 6 June 2011.
  71. ^ "IMF says no changes are needed to UK economic policy". BBC News. 6 June 2011. {{cite news}}: |access-date= requires |url= (help)
  72. ^ Letters (12 June 2011). "The coalition must stick to its guns on the economy". The Observer. Retrieved 12 June 2011.
  73. ^ a b David Blanchflower (8 June 2011). "Osborne's policies threaten Britain's AAA rating". Blanchflower's NS blog. New Statesman. Retrieved 10 June 2011.
  74. ^ "UK credit rating downgraded... by China". BBC News. 24 May 2011. Retrieved 13 June 2011.
  75. ^ George Osborne (11 May 2011). "Speech at the Institute of Directors Annual Convention". HM Treasury. Retrieved 10 June 2011.
  76. ^ a b Phillip Inman (7 June 2011). "BBC rejects George Osborne's claims that its reporting is biased". The Guardian. Retrieved 10 June 2011.
  77. ^ Hon. Frances Victoria Howell, thePeerage.com, retrieved 23 February 2010
  78. ^ The George Osborne Supremacy By Jon Wilde, Daily Mail, 21 September 2008
  79. ^ Samira Shackle, Stephanie Hegarty and George Eaton (1 October 2009). "The new ruling class". New Statesman. Retrieved 10 January 2010.
  80. ^ Glen Owen The coalition of millionaires: 23 of the 29 member of the new cabinet are worth more than £1m... and the Lib Dems are just as wealthy as the Tories Mail on Sunday 23 May 2010
Wikimedia Commons has media related to George Osborne.
Parliament of the United Kingdom
Preceded by Member of Parliament for Tatton
2001–present 		Incumbent
Political offices
Preceded by Shadow Chancellor of the Exchequer
2005–2010 		Succeeded by
Preceded by Chancellor of the Exchequer
2010–present 		Incumbent
Second Lord of the Treasury
2010–present

Template:Persondata

Retrieved from "https://en.wikipedia.org/enwiki/w/index.php?title=George_Osborne&oldid=434780220"