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Category: George Osborne

Flooding the Lords with 100s of new peers so several million people can be made poorer doesn’t sound like smart politics

Flooding the Lords with 100s of new peers so several million people can be made poorer doesn’t sound like smart politics

The great Lords-Commons standoff Today, of course, the House of Lords gets to decide whether George Osborne’s controversial tax credits curtailment plan will go forward. Because of the way this is being pursued through Parliament, as a statutory instrument, this is a rare occasion when the Upper House can, if it wants to, block a major part of government policy. If this had been part of a finance bill then the House of Lords would have had no power to…

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Doing “Best PM” comparisons between Corbyn & Dave is like asking US voters to choose between Obama and Trump

Doing “Best PM” comparisons between Corbyn & Dave is like asking US voters to choose between Obama and Trump

We all know that David Cameron is not planning to remain as prime minister after the next general election. So the choice will between Corbyn, unless he’s replaced in the meantime, and AN Other. So why is it that pollsters, and presumably their media clients who agree to the form of questioning, continue with best p.m. ratings that include the current prime minister? The findings really don’t have any relevance to the next big election battle in the UK. Thankfully,…

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Osborne’s tax credits dilemma might be solved by the Lords – peers could kill the move

Osborne’s tax credits dilemma might be solved by the Lords – peers could kill the move

Huffpost’s Paul Waugh has what appears like a scoop with a report that the House of Lords, where the Tories don’t have a majority, could kill the legislative move to change the tax credits system. This is because the means chosen by Osborne’s team to make this law is via a statutory instrument not new legislation. This has to be approved by both houses of parliament. Waugh writes: “..A rarely-used ‘fatal motion’ is set to be tabled in the House…

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The pressure mounts on Osborne’s tax credit plan

The pressure mounts on Osborne’s tax credit plan

Me for @TheTimes: Cameron must choose. His one nation mission or cuts in tax credits http://t.co/cPIc5UzO7M pic.twitter.com/mLxSYFsSPf — Tim Montgomerie ?? (@montie) October 18, 2015 Remember that George has turned before The headline on Tim Montgomerie’s piece for tomorrow’s Times and his Tweet say it all. The pressure is building for a U-turn. Let’s recall what happened in the aftermath of Osborne’s 2012 “Omnishambles budget”. A whole series of measure from the so-called granny to the pasty tax all got…

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ComRes: Osborne 6% behind Boris as “best PM” and just a third say that cutting tax credits is necessary

ComRes: Osborne 6% behind Boris as “best PM” and just a third say that cutting tax credits is necessary

Conservatives have 13 point lead over Labour in new Sunday Mirror / Independent on Sunday Poll pic.twitter.com/zTgDXle97z — ComRes (@ComResPolls) October 17, 2015 39% say Boris would make a better PM than Osborne who is at 33%. But CON voters prefer Osborne to Boris by 48% to 34% CON lead now 13% in latest ComRes online poll for IoS/S Mirror CON 42% LAB 29-1 LD 7=    UKIP 13= No Corbyn bonus there ComRes Cameron & Osborne have and 19 point lead over…

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Methinks that Osborne might have to U-turn on tax credits

Methinks that Osborne might have to U-turn on tax credits

The exchange from last night’s Question Time The above clip from last night’s Question Time has been doing the rounds throughout the day and highlights the challenge facing minsters, particularly Osborne, over his budget tax credits move which is due to come into place in the next couple of months. With Boris and the Sun already pressing hard for change this is an issue that has the potential to hurt the blue team just when everything seemed to be going…

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Great speech by Boris – but it’s had no impact on Betfair

Great speech by Boris – but it’s had no impact on Betfair

Boris's big conference speech has had no impact on Betfair. He's still rated as a 15.5% chance to succeed Dave. — Mike Smithson (@MSmithsonPB) October 6, 2015 The money continues to go on George This is a story that is probably going to go on for the next 3 to 4 years. Who is going to be the successor to David Cameron and will the prize go to one of the top two favourites? Those are, of course, the Chancellor…

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Osborne edges up further in the next CON leader betting with Boris trailing a long way behind

Osborne edges up further in the next CON leader betting with Boris trailing a long way behind

But history suggests that strong favourites end up as losers With all the focus today being on the George Osborne speech it is inevitable that there has been a fair amount of betting on whether he will in fact become David Cameron’s successor. His price has got really quite tight and at 38% I wonder whether that is just not offering value in a contest that could be several years away. Anything can happen in the meantime and George’s stark…

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