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What’s the price of air strikes?

| blog, George Osborne, Islamic State (Isis), L&B World, World | December 3, 2015

A Royal Air Force's Tornado takes off from RAF Lossiemouth in Scotland, December 2, 2015. REUTERS/Russell Cheyne TPX IMAGES OF THE DAY
A single Tornado flight can cost £280,000 (Picture: Reuters)

Before yesterday’s vote on whether or not the UK should extend its bombing campaign on Daesh to Syria, George Osborne estimated that the potential cost of air strikes to the taxpayer would be in the ‘low tens of millions of pounds.’

A steal, then.

So how does it break down?

It is, at best, an imperfect calculation.

MORE: Transgender woman angry police ‘did not tell her about attacker’s sentencing’

66 total views, 2 today

Osborne’s Autumn Statement: Tax credit cuts to be scrapped, Chancellor says

| blog, Conservative Party, David Cameron, George Osborne, L&B World, UK | November 25, 2015

Autumn Statement (Picture: PA)
George Osborne outlined the Autumn Statement today (Picture: PA)

Proposed cuts to tax credits will be abandoned altogether because of ‘improved’ public finances, George Osborne has said.

The Chancellor detailed £20billion of cuts to Whitehall budgets and £12billion cuts to welfare in the Autumn Statement and Spending Review today.

Speaking in the House of Commons, Mr Osborne said it was the job of the Conservatives to ‘rebuild the country’ and make the UK ‘the most prosperous and secure of all the major nations of the world’.

The Chancellor said the proposed £4.4billion tax credit cuts will be scrapped altogether because of ‘improved’ public finances.

MORE: Man arrested after missing student Caroline… Read the full story

71 total views, 1 today

Osborne’s Autumn Statement: What can we expect from today’s announcement?

| blog, Conservative Party, David Cameron, George Osborne, L&B World, UK | November 25, 2015

(Picture: PA)
The announcement will determine the shape of the public sector for years to come (Picture: PA)

George Osborne’s Autumn Statement and Spending Review is expected to outline some of the deepest cuts in public spending in recent memory.

Last months House of Lords defeat on tax credits, which would have saved £4.4billion, has made Mr Osborne’s attempts to balance the books even harder, and with borrowing remaining higher than it was expected to, the Chancellor will likely to be forced to concede that he will miss his deficit target of £69.5billion for the current financial year.

The Office for Budget Responsibility could scale down its forecast – a £10billion surplus – by the end… Read the full story

111 total views, 1 today

George Osborne refuses to rule out police cuts despite ‘severe’ terror threat

| blog, George Osborne, L&B World, Paris attacks, Terror, UK | November 22, 2015

Britain's Chancellor of the Exchequer George Osborne takes part in the Marr Show in BBC studios in London, November 22, 2015. REUTERS/Jeff Overs/BBC/Handout via Reuters ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. IT IS DISTRIBUTED EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. NO RESALES. NO ARCHIVE.
(Picture: Reuters)

A terrorist attack in the UK might be ‘highly likely’ at the moment, but George Osborne refuses to rule out cuts to police numbers.

In the wake of the Paris attacks, the Chancellor said counter-terrorism funding would be increased by 30 per cent.

But he added that all deals with… Read the full story

109 total views, 1 today

Most Tory MPs don’t want current tax credit cuts, says Conservative politician

| blog, Conservative Party, George Osborne, L&B World, UK | November 15, 2015

Stephen McPartland
Stephen McPartland (Picture: Twitter)

Even Tory MPs are upset with current government plans to cut tax credits.

That’s according to Conservative backbencher Stephen McPartland, who has been a vocal critic of George Osborne’s proposals to save £4.4 billion by changing the tax credits system.

Writing in the Observer, the Stevenage representative outlined his belief most Conservative MPs shared his position.

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Chancellor of the Exchequer George Osborne… <a href=Read the full story

71 total views, 1 today

George Osborne poaches former Labour cabinet minister Lord Adonis

| blog, Conservative Party, George Osborne, L&B World, Labour Party, UK | October 5, 2015

Mandatory Credit: Photo by Geoff Moore/REX Shutterstock (4896804k) Lord Lord Adonis Runways UK Conference, London, Britain - 06 Jul 2015
Lord Adonis will chair George Osborne’s infrastructure body (Picture: REX)

A high-profile Labour peer is quitting the party whip to chair George Osborne’s infrastructure commission.

Andrew Adonis was Tony Blair’s policy chief and also served as transport secretary in Gordon Brown’s administration.

Because the National Infrastructure Commission is politically independent, Lord Adonis will quit the Labour whip and sit as a crossbencher in the House of Lords.

‘Without big improvements to its transport and energy systems, Britain will grind to a halt,’ he said after the move was announced.

‘Major infrastructure projects like Crossrail and building major new power stations span governments and parliaments.

‘I hope it will be possible to forge… Read the full story

55 total views, 1 today

George Osborne poaches former Labour cabinet minister Lord Adonis

| blog, Conservative Party, George Osborne, L&B World, Labour Party, UK | October 5, 2015

Mandatory Credit: Photo by Geoff Moore/REX Shutterstock (4896804k) Lord Lord Adonis Runways UK Conference, London, Britain - 06 Jul 2015
Lord Adonis will chair George Osborne’s infrastructure body (Picture: REX)

A high-profile Labour peer is quitting the party whip to chair George Osborne’s infrastructure commission.

Andrew Adonis was Tony Blair’s policy chief and also served as transport secretary in Gordon Brown’s administration.

Because the National Infrastructure Commission is politically independent, Lord Adonis will quit the Labour whip and sit as a crossbencher in the House of Lords.

‘Without big improvements to its transport and energy systems, Britain will grind to a halt,’ he said after the move was announced.

‘Major infrastructure projects like Crossrail and building major new power stations span governments and parliaments.

‘I hope it will be possible to forge… Read the full story

59 total views, 1 today

Cameron promises refugee policy review as public pressure mounts

| blog, David Cameron, George Osborne, L&B World, UK | September 3, 2015

Prime Minister David Cameron launches the Welsh Conservative Party's manifesto at the Royal Welsh Showground in Llanelwedd, Wales. PRESS ASSOCIATION Photo. Picture date: Friday April 17, 2015. See PA story ELECTION Main. Photo credit should read: Jonathan Brady/PA Wire
Cameron said Britain’s closed-door policy was under review (Picture: PA Wire)

The Government has said that Britain will ‘fulfill our moral responsibilities’ to take in more refugees, adding that the closed-door refugee policy was ‘under review’.

The migrant crisis has escalated in the past few days, with witnesses in Hungary describing scenes of ‘chaos’ as refugees fought to board trains for Germany and the haunting image of two Syrian boys washed up on a beach in Turkey shocking millions around the globe.

The Prime Minister, who said he was ‘deeply… Read the full story

5 total views, 0 today

It’s a really great time to work for IKEA…

| blog, Budget, George Osborne, L&B World, UK | July 20, 2015

Shoppers outside the IKEA store in Nottingham on Wednesday February 8, 2006. The furniture giant has reacted to the death of 21-month-old Millie Carlin, who died when her head was caught in the frame of a children's bed, bought at the company's Nottingham store, at her home in Forest Town, Mansfield, Nottinghamshire last Wednesday. IKEA have today withdrawn the bed from sale. See PA story ACCIDENT Bed. PRESS ASSOCIATION photo. Photo credit should read: Rui Vieira/PA.
Three cheers for Ikea! (Picture: Rui Vieira/PA)

Swedes do it better.

Three cheers for Ikea after it vowed to pay UK staff more than the government’s National Living Wage.

The wage – which was outlined earlier this month during George Osborne’s Budget announcement – will reach £7.20 per hour next year and rise… Read the full story

129 total views, 1 today

‘Austerity Kills': A lot of people played dead outside of Parliament to protest Budget cuts

| blog, Conservative Party, George Osborne, L&B World, UK | July 8, 2015

Protestors staged a die-in (Picture: Twitter/‏@stefmowords )
Protestors staged a die-in (Picture: Twitter/‏@stefmowords )

A lot of people are pretending to be dead outside of Westminster.

No, there isn’t a potentially fatal disease sweeping Parliament and the crowds haven’t gone mad.

They’re just seriously peeved about George Osborne’s Budget proposals.

To protest the cuts – higher education maintenance grants and Working Tax Credits, among others – anti-austerity group The People’s Assembly have staged a mass die-in.

These dramatic pictures show people gathered in the capital to protest – either wielding placards, or playing dead.

91 total views, 1 today

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