The Labour government ducked tough spending choices in its pre-Budget report
and has lost the “moral authority” to govern, the shadow chancellor George
In a punchy response to Chancellor Alistair Darling’s pre-Budget report – the
last before a general election next year – Osborne argued that the PBR had
failed three crucial tests: to restore confidence in the UK economy; reveal a
plan to cut the record deficit; and create jobs and growth again.
“As the debts have got bigger the government’s response has got smaller,”
He said that the Chancellor’s announcement to increase the standard national
insurance rate by 0.5%, in addition to 0.5% rise announced in the last Budget,
sent the wrong signal to hard-working families who wanted to improve their
Osborne lambasted previous claims by Prime Minister Gordon Brown and Darling
that the Labour government had abolished “boom and bust”, and that the British
economy was better placed than other economies to weather the global recession.
“No one will ever believe a word you say on the economy again,” Osborne said.
“If you keep on spending more and more you run out of money”
Taxman lines up early exit from doomed Concentrix tax credits deal, as HMRC faces intense scrutiny from MPs
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure