George Osborne
LONDON, ENGLAND - MAY 16: A worker inspects the Tunnel Boring Machine at the Pudding Mill Lane Crossrail construction site in east London on May 16, 2013 in London, England. The Crossrail Construction site was visited today by Britain's Chancellor of the Exchequer George Osborne and India's Finance Minister Palaniappan Chidambaram.
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Quotes
When I took this job, I discovered there were some people who got £100,000 a year in housing benefit
It could come to that, but we hope that it doesn’t. Danny Alexander and George Osborne will have to talk to the Prime Minister and Deputy Prime Minister as things go on. What was agreed by the coalition at the Autumn Statement and repeated at the Budget was that these cuts of £11.5 billion were going to have to come from the departmental budgets and it’s still the case.
Obviously, we would like to see the reforms completed but a democracy is sometimes a messy business as we know in the UK. I'm absolutely behind Mr Chidambaram's effortsMore quotes »
Around the web
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Breakaway Scotland to face high saver protection costs-UK study
Chancellor of the Exchequer, George Osborne, launches the Scotland Analysis paper on Currency and Monetary Policy, in the Glasgow Trades Hall, Glasgow, Scotland April 23, 2013. LONDON (Reuters) - The cost of protecting Scottish savers would prove difficult 5/19/13 from Reuters.co.uk Read more »
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Sir Mervyn King says George Osborne's plan to help housebuyers 'could cause another crash'
home-buying plan, suggesting it could trigger a US-style economic crash. The outgoing Bank of England governor said George Osborne’s Help to Buy scheme was ‘too close for comfort’ and could damage the mortgage market if allowed to continue for too long. He 5/19/13 from Daily Mail - UK Read more »
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Bank of England’s King to Carney: It’s not a ‘one-man show’
I am sure that they will make the right decision.” Mr. Carney was chosen as the next Bank governor last year by Chancellor George Osborne, who hailed the former Goldman Sachs banker as “the outstanding central banker of his generation.” Mr. Osborne has asked 5/19/13 from Globe and Mail Read more »
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Bank of England chief rejects help to buy plane
The outgoing governor of the Bank of England has warned that Chancellor George Osborne’s plan to boost the housing market is “too close for comfort” to the US mortgage guarantee schemes that triggered the financial crisis. Speaking in an interview with Sky 5/19/13 from GulfToday.ae Read more »
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MPs could get £10,000 pay rise
move could spark public fury at a time when the country is in line for years more austerity under Chancellor George Osborne's efforts to cut Britain's debts. Many MPs argue they are not paid enough to sustain a job where they have to be in Westminster for 5/19/13 from The Telegraph Read more »
