Why is it all going so wrong for George Osborne? Only 16 months ago, the poor guy entered the Treasury full of sound principles and good intentions. He would put in order the dodgy public finances inherited from Gordon Brown’s regime, stand back and let market forces do the rest.

Disagree with half of it, enjoy reading all of it
TRY 3 MONTHS FOR $5
Our magazine articles are for subscribers only. Start your 3-month trial today for just $5 and subscribe to more than one view
Already a subscriber? Log in
Comments
Join the debate for just £1 a month
Be part of the conversation with other Spectator readers by getting your first three months for £3.
UNLOCK ACCESS Just £1 a monthAlready a subscriber? Log in