Yesterday it was Frank Field; today it is shadow chancellor George Osborne who is warning the public that drastic action will be required in order to deal with the "atrocious" state of the public finances. Mr Osborne has given an...

Labour blasted Conservative confusion on the economy today, hitting back at George Osborne's claims that he has the plans for a "responsible road to recovery", saying that "whenever George Osborne has faced a test on the economy, his judgement has been wrong." Angela Eagle MP, Labour's Exchequer Secretary, responding to George Osborne's confusion over his economic policy, today said...

CHANCELLOR George Osborne ruled out unfunded tax cuts or increases in public spending today, warning: "You can't borrow your way out of debt."

Chancellor George Osborne is to hitch the UK's future economic fortunes to renewable energy and medical sciences, in a move that could massively boost the Scottish economy

Ian Pearson MP, Economic Secretary to the Treasury, responding to the reports in the Evening Standard and today's Guardian about George Osborne's position, said: "If David Cameron thinks George Osborne is not fit to run the Tory party, what makes him think he's fit to run the British economy? "George Osborne's economic judgement has been wrong at every turn, from opposing the a...

Shadow Chancellor in warning Britain’s dire public finances will impose a “straitjacket” on an incoming Conservative government for years to come, the shadow chancellor, George Osborne, claims today, as he declares that he is conducting a careful review of his economic plans in the light of the downturn. In an interview with the Guardian, Osborne claims that

George Osborne has faced renewed criticism for warning that sterling could collapse because of government borrowing.

Chancellor George Osborne has announced public spending cuts of £81bn over four years, telling MPs that the programme would restore "sanity to our public finances and stability to our economy".

George Osborne yesterday began the process that will see billions wiped from Whitehall budgets with a warning that the dire economic situation required a radical reassessment of how the state spends taxpayers' money.

A Conservative election victory would trigger an emergency budget to ensure low interest rates and a cut in public spending says George Osborne.