X

Create an account to continue reading.

Registered readers have access to our blogs and a limited number of magazine articles
For unlimited access to The Spectator, subscribe below

Registered readers have access to our blogs and a limited number of magazine articles

Sign in to continue

Already have an account?

What's my subscriber number?

Subscribe now from £1 a week

Online

Unlimited access to The Spectator including the full archive from 1828

Print

Weekly delivery of the magazine

App

Phone & tablet edition of the magazine

Spectator Club

Subscriber-only offers, events and discounts
 
View subscription offers

Already a subscriber?

or

Subscribe now for unlimited access

ALL FROM JUST £1 A WEEK

View subscription offers

Thank you for creating your account – To update your details click here to manage your account

Thank you for creating your account – To update your details click here to manage your account

Thank you for creating an account – Your subscriber number was not recognised though. To link your subscription visit the My Account page

Thank you for creating your account – To update your details click here to manage your account

X

Login

Don't have an account? Sign up
X

Subscription expired

Your subscription has expired. Please go to My Account to renew it or view subscription offers.

X

Forgot Password

Please check your email

If the email address you entered is associated with a web account on our system, you will receive an email from us with instructions for resetting your password.

If you don't receive this email, please check your junk mail folder.

X

It's time to subscribe.

You've read all your free Spectator magazine articles for this month.

Subscribe now for unlimited access – from just £1 a week

You've read all your free Spectator magazine articles for this month.

Subscribe now for unlimited access

Online

Unlimited access to The Spectator including the full archive from 1828

Print

Weekly delivery of the magazine

App

Phone & tablet edition of the magazine

Spectator Club

Subscriber-only offers, events and discounts
X

Sign up

What's my subscriber number? Already have an account?

Thank you for creating your account – To update your details click here to manage your account

Thank you for creating your account – To update your details click here to manage your account

Thank you for creating an account – Your subscriber number was not recognised though. To link your subscription visit the My Account page

Thank you for creating your account – To update your details click here to manage your account

X

Your subscriber number is the 8 digit number printed above your name on the address sheet sent with your magazine each week.

Entering your subscriber number will enable full access to all magazine articles on the site.

If you cannot find your subscriber number then please contact us on customerhelp@subscriptions.spectator.co.uk or call 0330 333 0050.

You can create an account in the meantime and link your subscription at a later time. Simply visit the My Account page, enter your subscriber number in the relevant field and click 'submit changes'.

Coffee House

Leaked Autumn Statement briefing for Tory MPs focuses on ‘global race’ and spending switch

5 December 2012

10:43 AM

5 December 2012

10:43 AM

I’ve been passed the Tory ‘lines to take’ for MPs to use in media interviews for the Autumn Statement today. As I blogged a little earlier, the words ‘global race’ will be cropping up a lot over the next couple of years as a key Conservative phrase, and it looks as though today will be no exception, with the Chancellor using the image in his autumn statement. I note that MPs will also be expected to use it. The lines also focus on the decision to switch revenue to capital spending:

‘Today the Chancellor and Chief Secretary have told Cabinet that they will announce at the Autumn Statement over £5 billion of capital investment to invest in the economy and equip Britain for the global race.

They also informed Cabinet this will be achieved within the Government’s fiscal plans and, in part, be funded by some Government Department’s resource budgets being reduced by 1 per cent in 2013-14 and 2 per cent (£2.5 billion) in 2014-15. Health and Schools remain protected from these reductions.

Funds will be channelled into transport, skills and science. This capital investment will also allow the expansion of existing good schools and the construction of up to 100 new Academies and Free Schools.

The switch at this Autumn Statement follows a similar switch of £5 billion at the last Autumn Statement and an additional £2 billion a year of capital spending announced in the Spending Review.

This means that capital investment as a percentage of GDP in this Parliament will be higher than the average of the Parliaments under Labour.’

Note that MPs are being told to emphasise that health and education are being protected from the £5bn Whitehall cuts, and to contrast this government’s plan with Labour’s own record on capital investment.

UPDATE, 11.15am I’ve just come back from the morning lobby briefing, where we were told that Cabinet met for an hour this morning for the Chancellor to brief his colleagues on the Autumn Statement. Apparently, there was no banging of desks at the end, which is hardly a surprise. Osborne told ministers at the meeting that ‘Britain is on the right track and that we are dealing with our deficit and our debt in a fair way. That means everyone must make a contribution, and that we are equipping Britain to succeed in the global race.’

Give something clever this Christmas – a year’s subscription to The Spectator for just £75. And we’ll give you a free bottle of champagne. Click here.


Show comments
Close