Emergency Budget 2010: As it happened
George Osborne sits down at 13.28 – that’s it, the Budget has been delivered. Now Harriet Harman will respond, but thank you for comments and for joining us. Jim Pickard, political correspondent:...
View ArticleWhen Alistair Darling thought the Treasury would be an oasis of calm
The always self-depracating Alistair Darling* remembers today how he arrived in the Treasury without any inkling of the global crisis about to hit financial markets. I like the quote, not only because...
View ArticleTime to rename the Winter Fuel Payment
Here is an idea for the new “nudge unit” in Downing Street. David Cameron has pledged to protect the £2.7bn winter fuel payments to the over-60s — but he never promised to keep the name. Surely it is...
View ArticleWhat did Cameron do with the cash down the sofa?
The spending review did not end in the way most people expected. When Cameron’s top team gathered around the Chequers table on Sunday to tuck in to roast lamb and Yorkshire puddings, there was...
View ArticleRevealed: The Banksy-style hit on the Treasury
Anyone walking past the main Treasury entrance today now will see a white sheet of paper stuck to the wall, which is supposed to cover up some graffiti. A rather big and burly security guard has been...
View ArticleDowning Street’s response to the riddle of Plan B
I provided a link earlier today to Philip Stephens’ scoop on the Sir Gus O’Donnell memo asking for potential stimulus measures to have on standby if the economy deteriorates. At this morning’s Downing...
View ArticleLord Oakeshott isn’t going anywhere
We were speculating only yesterday afternoon just how irritating George Osborne must find it to have a so-called “Lib Dem Treasury spokesman” criticising the Treasury and the banks week in, week out....
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