George Osborne
latest news & developments
No more dilly-dallying on the dole
Britain’s finance minister reins in the welfare system in a bid to woo ‘hard-working’ voters.
Lloyds sale jump-starts UK economy
Chancellor says the £60-million profit from the transaction has allowed Britain to turn the corner.
The UK’s good news is bad
Despite the positive spin about growth, what can happen will overshadow Japan’s lost decade.
UK’s new central bank boss has clout
The UK’s finance minister, George Osborne, has sprung a surprise by putting Canada’s central bank chief in charge of the Bank of England.
UK looks to mini-jobs for economic boost
The creation of "mini-jobs", which allow people to take on work without paying tax or national insurance, is being considered by the British treasury.
G20 leaders eye boost in IMF funding
World leaders meeting at the G20 summit are discussing boosting their funding of the IMF to help resolve the eurozone debt crisis.
UK says no tax cuts during debt crisis
UK finance minister George Osborne says Britain must stick to its austerity drive and avoid tax cuts while it tries to wipe out a record deficit.
Britain’s growth is ‘meager and pathetic’
A slow-down in Britain’s growth in the second quarter means that the economy is weaker than was thought and has no chance of meeting its growth target
Fewer jobs, less spending
Deepest public spending cuts in 80 years planned.
Cost-cutting UK govt curbs benefits in bold move
Britain will end child benefits for higher earners, finance minister George Osborne said on Monday, felling an established payment to all families.
Britain’s Brown falls further behind in polls
British Prime Minister Gordon Brown has slipped further behind the opposition Conservatives in an opinion poll on Tuesday.
Pressure builds on UK’s Brown over missing data
Senior officials knew about a decision to include financial details of millions of Britons on computer discs that then went missing in the mail, British opposition politicians…