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austerity

Chancellor of the Exchequer George Osborne Visit Lloyds TSB Bank

Today’s borrowing figures are bad for the Tories, but they’re not good for Labour either

21 February 2014 17:59

Today’s borrowing figures are, on the surface, not good for the Tories. The surplus on the public finances in January 2014 was lower than for the same month in 2013,… Continue reading

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ONS admits UK economic recovery is stronger than it thought

20 December 2013 12:55

The ONS has today revised upwards its growth for most of 2013, to show a recovery far stronger than it admitted at the time. This fits a trend: in economics,… Continue reading

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5 Hertford Street, George Osborne not visible. Image: Getty

Austerity, what austerity?

8 October 2013 16:46

Where better to celebrate the launch of a book about Britain’s age of austerity than in the gritty surroundings of 5 Hertford Street, quipped Standard Editor Sarah Sands last night… Continue reading

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Denial is a River in Scotland

27 June 2013 13:25

Aye, the old ones are the best. You might think that George Osborne’s decision to  leave the Scottish block grant more-or-less untouched in yesterday’s spending review would be a cause… Continue reading

30 Comments
Supporters cheer comedian-turned-political agitator, Beppe Grillo, as he arrives for his final rally in Rome. Picture: Getty

Weary Italian voters can teach UK politicians lessons

26 February 2013 9:32

Italian voters are clearly cheesed off: with the Establishment, and with the country’s austerity programme. The explosion onto the scene of Beppe Grillo – which Freddy examined in his post… Continue reading

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The Osborne austerity has meant core spending cut by just 3pc over 3 years. Debt is soaring - and voters who wanted him to fix all this will be deeply unimpressed in 2015.

The Daily Telegraph’s verdict: Osborne isn’t working.

9 February 2013 10:17

The Daily Telegraph is more supportive of the Conservative Party than any British newspaper, which is why its leader today – urging George Osborne to change course – is important.… Continue reading

138 Comments
Danny Alexander turned up the pressure on Alex Salmond

Danny Alexander: We’d do it all over again

28 October 2012 11:59

Danny Alexander told Andrew Neil on The Sunday Politics that even if he had known the economy would only grow by 0.6% rather than the five and a half percent… Continue reading

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Ed Miliband addresses the TUC rally in Hyde Park today. Photo: Anthony Devlin/WPA-Pool/Getty Images

It isn’t Miliband’s anti-austerity message that should worry the Tories but his pitch for small business support

20 October 2012 19:19

Ed Miliband’s speech to the anti-cuts rally today was well-pitched. The lines about how any government would have to make cuts guaranteed him the jeers that he needed to show… Continue reading

56 Comments
Osborne Austerity

How big are the cuts so far?

25 July 2012 17:06

‘Osborne’s austerity is killing the recovery.’ It’s a familiar refrain, one that we hear every time there’s bad economic news. And, sure enough, today’s terrible GDP stats have sparked yet… Continue reading

33 Comments