Spending cuts alone will not be enough to rebalance the public finances George Osborne said yesterday paving the way for a Tory government to raise taxes.

There is so much to say about George Osborne's speech on the economy and his interview with the Today Programme (he must be starting to dread Sarah Montague). And I'll return to it this afternoon. George Osborne: to cut taxes or not to cut taxes? But there's a contradiction in his argument (more than one actually). In this climate there is "no room for tax cuts", he says. But then g...

Tory shadow chancellor warns taxes will rise under a Conservative government to rebalance public finances.

George Osborne the shadow chancellor yesterday refused to rule out tax rises to tackle the debt crisis which he predicted Gordon Brown would "bequeath" to an incoming Tory government.

George Osborne made some interesting comments on the Today Programme this morning about equality and tax. Further to Ivan Lewis' misguided article in the Sunday Times arguing for higher taxes on the wealthy, he made the very good point that...

David Cameron said as much in his Today Programme interview, but now we know for sure: we've heard everything we're going to about Tory spending cuts this year.  George Osborne confirms the news in an interview with the Guardian today: "In the interview, the shadow chancellor also disclosed, for the first time, that he would not reduce public spending by more than £6.5bn i...

Speaking on this morning's Today programme (listen again here) George Osborne said that he could not promise to reverse Labour's new 50p rate of taxation for Britain's higher earners and wealth creators. He said that his first priority was to...

Shadow chancellor attacks government spending plans as children's secretary says choice for voters at the election will be Labour investment versus Tory cuts The row about the public finances intensified today as George Osborne, the shadow chancellor, accused Labour of being "dishonest" about public spending after the election. In an article in the Times, Osborne said that Brown's claim ...

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

The Government can tackle inequality and deliver a fairer society at the same time as it carries out its programme of public sector spending cuts, George Osborne said yesterday.