Man in the News: George Osborne
In the course of seven momentous days, George Osborne, the 39-year-old chancellor of the exchequer, has undergone a startling political transformation
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Hughes threatens to rebel over Budget cuts
A senior Liberal Democrat threatened to rewrite elements of the Budget and spending review, laying bare growing backbench strains over the coalition’s plans for tax rises and savage spending cuts
Osborne signals fresh welfare cuts
Coalition deal promises under threat
IFS attacks lack of a long-term vision
Several more Budgets needed for proper assessment
Behind those words are far deeper cuts
Further welfare spending reductions sought
Osborne delivers kill or cure Budget
Hope that recovery will weather cuts
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Comment & analysis
The risks of Osborne’s pre-emptive strike
The balance of cuts that the chancellor has set out is unlikely to prove politically sustainable, let alone sensible, writes Martin Wolf
True-blue cuts will test the coalition
The cuts will not, as Mr Clegg has insisted, be ‘progressive’. Those on the lowest incomes will suffer most. No wonder some Lib Dems already look uncomfortable
Public finances: Daunted by deficits
After a decade of good times, policymakers across the world have woken up to the realisation that painful spending cuts and tax rises are necessary to restore order to public finances battered by a combination of years of overspending and the effects of the global economic crisis
A bloodbath none was prepared for
Perhaps only a young government – in age and in time in office – would gamble so much on such a fast adjustment, says Martin Wolf
Britain pays the price of penury
Margaret Thatcher, famous, or infamous, for her eagerness to take an axe to the big state, never dared to cut so deep, writes Philip Stephens
Corporal punishment for the body politic
This Budget was always going to hurt the public sector a lot more than it was going to hurt Mr Osborne or his supporters in business, writes Jonathan Guthrie
Osborne makes good on his promises
The test is what comes next. A severe downturn would destabilise the government. But if the economy performs as Mr Osborne hopes, he will be remembered for doing Britain a great service
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