Tag Archives: George Osborne
Cameron loses comprehensively to Merkel
Mrs Merkel has, it would seem, well and truly smashed the dream so carefully cherished by the Conservative part of the Con-Dem coalition that their beleaguered government would gain a resounding victory over the EU. Until Cameron’s ill-fated meeting with … Continue reading
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Cameron starts to count the cost of exclusion
David Cameron seems at last to be starting to understand that it is not at all in Britain’s national interest to be excluded from EU decision making. It now appears that the 10 EU countries that are not in the … Continue reading
Filed under Labour Party
The True Consequences of Exclusion from Eurozone Decisions
As expected Eurozone leaders have reached agreement. The three-pronged arrangement means that private banks holding Greek debt will face a loss of 50%. Banks must also raise more capital to protect them against losses resulting from any future government defaults. … Continue reading
Filed under Labour Party
Tories Try to Play the Blame Game
The current government cannot continue to blame poor economic performance on the Eurozone sovereign debt crisis. That was the central argument in a great article in today’s Guardian by Larry Elliott. You can read it by following the link here. … Continue reading
Filed under Labour Party
Cameron’s Zepplin Moment
David Cameron’s signing a letter with five other world leaders outside Europe calling on Eurozone leaders to act swiftly to halt the Euro crisis, I believe, marks a turning point in Britain’s relations with the European Union, for worse not … Continue reading
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The IMF warns slower pace of deficit reduction may be necessary
It’s finally happening. The International Monetary Fund, hardly a bastion of leftie thinking, has advised the Tory-led coalition, specifically George Osborne, that a slower pace of deficit reduction would be necessary if the British economy continued to grow less rapidly … Continue reading
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Selling Northern Rock will rob Taxpayers
I was extremely disappointed to learn this morning that George Osborne has decided to ignore the sound advice from the Co-operative Party over the sale of Northern Rock. The Co-operative Party’s proposals, which I support, advocated for a re-mutualisation of … Continue reading
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Cameron and Osborne should support Gordon Brown to lead the IMF
I find David Cameron’s rejection of Gordon Brown’s bid to lead the IMF quite appalling. I always thought the Conservatives claimed to be patriotic, until recently singing “Land of Hope and Glory” at their annual conference. We now know they … Continue reading
Filed under Labour Party
Women suffer most as we all become worse off
It’s usually women who suffer disproportionately when governments take it upon themselves to make those who elected them suffer the indignities and privations of excessive austerity. Sadly this has been confirmed yet again. The number of women claiming unemployment benefit … Continue reading
Filed under Labour Party
Reform of the House of Lords is about modernising Britain not bashing Nick Clegg
So Nick Clegg’s attempt to bring about the hundred year old demand to reform of the House of Lords is getting mixed reviews. While I agree Clegg is a man who looks increasingly desperate, badly needing to deliver a constitutional … Continue reading
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