George osborne

As Fraser points out, David Cameron has gone from saying the deficit has been brought down by a third to claiming it has been halved, but with the often unspoken caveat that this is as a share of GDP. After the Prime Minister dropped this claim into his speech today without that very important small print, journalists grilled his official spokesman on whether Cameron was misleading voters at the afternoon lobby briefing. I’ve written up the transcript of our attempts to ask the same question many different ways. Journalist: When the Prime Minister said in his speech this afternoon the government had halved the deficit, did he qualify that in any

Tomorrow, in a sign of how keen the Tories are to keep the political debate focused on it, both David Cameron and George Osborne will give speeches on the economy. Cameron will announce that he is bringing forward a scheme to offer first-time buyers under 40 a 20% discount on 100,000 new home. This scheme had originally been slated for the Tory manifesto but will now be up and running before May. Inside Number 10, they hope that this scheme will help demonstrate that there are tangible benefits for voters to sticking with the Tories and their long term economic plan.   Later on, Osborne will use an address in

Today’s Treasury Questions was a bit odd, not least because neither George Osborne nor Ed Balls were there, so everyone seemed to be quite keen to get the thing over with. Labour’s latest line of attack is to force Treasury ministers into ruling out or obfuscating over whether or not a Tory government would put up VAT after the General Election. Here is the first exchange, between Shabana Mahmood and David Gauke: Shabana Mahmood: ‘The Minister has failed to rule out another tax cut for the richest 1% of earners in our country. As he signalled in his answer, the Prime Minister has made £7 billion-worth of unfunded tax promises

Competence versus chaos—that’s what the Tory leadership want to frame the next election as a choice between. Hence George Osborne’s repetition of this phrase five times in one brief interview with the BBC’s Nick Robinson. The Tories want to make the voters think that they offer competence and everyone else chaos. As George Osborne puts it, ‘And it’s not just Liberal Democrats, it’s Labour, UKIP, you can put them all into the same mix. What they’re offering is a chaotic alternative of higher taxes, higher borrowing, a return to economic chaos.’ One of the reasons why the Tories are so keen to polarise the contest in this way is, one

All the talk about the ‘colossal’ cuts to come if the Tories win re-election has been predicated on the assumption that the Tories are committed to running a £23 billion surplus in 2019/20. But this assumption is wrong. As David Gauke told Andrew Neil just now, ‘At the moment the OBR predicts that we will have a surplus of £23 billion, but we’re not making a commitment to the British people, that’s what the number will be in 2019.’ Instead, I understand — after extensive conversations with members of the Chancellor’s circle — that the Tories intend to start increasing spending in line with inflation once the Budget is back

A lot of political types are very cross with the ‘biased media’ today. Ukip is currently the most aerated because some journalists ‘fabricated’ (which is today synonymous with ‘transcribed’) some remarks Nigel Farage made about whether or not restaurants are right to tell women to put napkins over themselves when breastfeeding. Number 10 is very angry with the BBC’s Norman Smith because he talked about the Road to Wigan Pier which is not an OK way of describing the public spending cuts still to come (but the IFS describing them as ‘grotesque’ and ‘colossal’ apparently is). Labour has been annoyed for months that journalists keep pointing out mistakes that Ed Miliband makes. Unusually,

George Osborne appears to have delivered a successful Autumn Statement, but are there some dark secrets in the details? In this week’s View from 22 podcast, Fraser Nelson, James Forsyth and I discuss the Chancellor’s last major economic speech of this Parliament, the political consequences of the new measures announced and what it means for the next election. You can subscribe to the View from 22 through iTunes and have it delivered to your computer every week, or you can use the player below: listen to ‘Fraser Nelson and James Forsyth discuss the Autumn Statement ’ on audioBoom