Osborne's Bumpy Ride

Though both the IMF and the Treasury are quick to stress that deficit reduction is the right thing to do, it’s not going to be as pleasant as the Chancellor will have us believe. Ronald Reagan asked to be judged on whether you were richer at the end of his medicine or before, but George will probably want to avoid that particular campaign slogan, given the IMF warn that British households will apparently be £1,500 worse off each year of the slowing recovery.

It’s still steady as we go though, unless the UK experiences “a prolonged period of weak growth and high unemployment”, when an additional plan could be called for. Not the one Labour drone on about though, with a slow down in cuts, but Plan A+, with added tax-cuts to complement the state trimming…

Which isn’t the worst idea Guido has ever heard…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

David David responds when asked if he’s confident he can make a success of Brexit:

“Why on earth could it go wrong?”

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Momentum Man is Porn Baron Momentum Man is Porn Baron
PMQs Sketch – Labour MPs Googling Museum Directorships PMQs Sketch – Labour MPs Googling Museum Directorships
NEC Fudges Danczuk Decision NEC Fudges Danczuk Decision
Investigation: Wrecking Peers in Pay of Unis Investigation: Wrecking Peers in Pay of Unis
Bromentum: All Male Shortlist Bromentum: All Male Shortlist
Nuttall Set to Stand in Stoke Nuttall Set to Stand in Stoke
One Line Whip As Whips On A Jolly One Line Whip As Whips On A Jolly
Leaving The Protectionist Union Leaving The Protectionist Union
Labour Drops Student Anti-Semitism Probe Labour Drops Student Anti-Semitism Probe
Israeli “Plot”: Latest Israeli “Plot”: Latest
Video: Putin on Russian Prostitutes Video: Putin on Russian Prostitutes
New European: Leave Voters “Lager Louts” New European: Leave Voters “Lager Louts”
Sion Simon Deletes Pro Remain Statement Sion Simon Deletes Pro Remain Statement
John Woodcock’s Fake News John Woodcock’s Fake News
May’s Brexit Plan – Full Text of Speech May’s Brexit Plan – Full Text of Speech
May Speech: Briefed Quotes May Speech: Briefed Quotes
Labour MP in Grieving Gaffe Labour MP in Grieving Gaffe
Sion Simon Impersonates a Brexiteer Sion Simon Impersonates a Brexiteer
Oxfam Attacks World’s Biggest Charitable Donor Oxfam Attacks World’s Biggest Charitable Donor