George Osborne

George Osborne was elected MP for Tatton in 2001. Heir apparent to the Osborne baronetcy of Ballentaylor and Ballylemon, he was appointed to Michael Howard’s shadow cabinet in 2004.


In May 2010 he became chancellor of the exchequer in the Conservative-led coalition.

Ambush, the second of the Royal Navy’s potent new Astute Class attack submarines, sails into Her Majesty’s Naval Base Clyde in September 2012 to begin sea trials. The 7,400 tonne submarine sailed from the shipyard in Barrow-in-Furness in Cumbria, where she was built, to HMNB Clyde in Scotland. The seven Astute Class boats planned for the Royal Navy are the most advanced and powerful attack submarines Britain has ever sent to sea. They feature the latest nuclear-powered technology, which means they never need to be refuelled and can circumnavigate the world submerged, manufacturing the crew’s oxygen from seawater as she goes. Minister for Defence Equipment, Support and Technology Philip Dunne said: “Ambush’s arrival at her home port to begin her sea trials marks a key milestone in the Astute Class submarine programme and is testament to the skills of those involved in the UK’s world class submarine building industry. "Ambush is an immensely powerful and advanced vessel that will deliver an important capability to the Royal Navy giving it the versatility and technical excellence needed to operate successfully across the globe." The Astute Class is quieter than any of her predecessors and has the ability to operate covertly and remain undetected in almost all circumstances despite being fifty percent bigger than the Royal Navy’s current Trafalgar Class submarines. The boat’s Commanding Officer, Commander Peter Green, said: “It was very satisfying bringing Ambush into her home port for the first time after initial sea trials. The ship’s company and I are now looking forward to putting her through her paces over the coming months, ensuring that she is one step closer to being deployed on operations.”

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Lenders bid to attract cash from pensioners

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Chancellor George Osborne

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Gertjan Vlieghe of the BoE MPC
©Gertjan Vlieghe

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Iain Duncan-Smith, Secretary of State for Work and Pensions. Photograph: Rosie Hallam
©Rosie Hallam

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Duncan Smith eyes cuts to employment support allowance

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©Daniel Jones

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Arrows
©iStock

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Chancellor of the Exchequer, George Osborne, makes his keynote speech at the Conservative party conference in Birmingham this afternoon.

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July figures show lower borrowing and increased tax receipts

Andrew Tyrie MP, Chairman of the Treasury Select Committee, photographed in his office this afternoon.

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Andrew Tyrie, the Conservative chair of the Treasury select committee, has urged the chancellor to ensure that the new 8 per cent surcharge on profits does not reduce competition and deter new entrants
©Charlie Bibby

Osborne under pressure to cut bank tax

Chancellor warned that levy penalises mutuals and ‘challengers’

Picture shows HM Revenue & Customs building in Parliament Street, Westminster. PHOTOGRAPH BY DANIEL JONES 2015 +44 (0)7815 853503 CM9 5DZ info@ danieljonesphotography.co.uk www.danieljonesphotography.co.uk
©Daniel Jones

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Chancellor, George Osborne, leaves Downing street to deliver the budget today.
©Charlie Bibby/FT

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old age pensioners oaps elderly people relaxing by seafront in sun
©Chris Batson

Radical pension changes to fuel dealmaking

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Ken Fisher

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Niche pension providers come out fighting

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Charity warns on rate rises, repossessions and evictions

Low bond yield boost for social landlords

Housing associations secure record pricing on £208m issue

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UK starts process of selling RBS stake

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Osborne runs out of patience with RBS

Chancellor takes political risk by selling at a loss for taxpayer

Royal Bank of Scotland headquarters
©Johnny Green/PA

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Osborne asks public sector for cuts help

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Channel 4 Logo

Osborne determined to sell off assets

State holdings manager is being shifted to the Treasury

Osborne out to top Thatcher era sales

Chancellor hopes for £32bn of sell-offs this financial year

Osborne plans public sector pay-off cap

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Whitehall told to draw up ‘business plans’

Ex-BP executive tells civil servants to adopt corporate discipline

Executive pension tax breaks face axe

Senior directors already plan to reorganise retirement savings

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