George Osborne today claimed that the tax cuts expected to be announced by the government on Monday would fail politically and economically. In an interview with the Financial Times, the shadow chancellor said using borrowing to fund significant tax cuts would not increase support for Labour. The prime minister, Gordon Brown, and the chancellor, Alistair Darling, believe large cuts are necessary t...

Shadow chancellor George Osborne yesterday signalled support for some reductions in public spending to finance tax cuts. It came as Alistair Darling continued to stoke speculation that there will be limited tax cuts before Christmas as a result of measures to be announced in the pre-budget report next Monday. Speaking yesterday after the G20 meeting in Washington, the chancellor said the economy n...

Conservative party activists have called on George Osborne to deliver immediate tax cuts to boost Britain's economy.

Does George Osborne understand why taxes should be cut or is merely playing to the gallery!?! If he promised to increase the basic personal allowance to #10,000 and scrap Gordon's tax credits, he would galvanise support! Labour "fears" about how such tax cuts would be funded can be easily rebuffed - increase borrowing;)

International Monetary Fund says Chancellor George Osborne should reduce taxes rather than relax austerity spending cuts if Britain's economy continues to struggle.

George Osborne will unveil an anti-recession package including some tax cuts, in a U-turn to allow the Tories to take the fight over the economy to a resurgent Gordon Brown.

The shadow chancellor, George Osborne, said yesterday he hoped an economic recovery would be under way in Britain by the end of the year, but warned the dire state of public finances would still require tax rises and spending cuts after the election. It is the first time that Osborne has suggested the economy will return to growth this year, leaving Gordon Brown four or five months to try to make ...

George Osborne should consider emergency tax cuts in the Budget as Britain is "certain" to be plunged back into recession this year, an influential forecaster warns.

GEORGE Osborne has given his strongest signal yet that tax cuts will be included in his March budget, to tackle "the forces of stagnation" in the economy.

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.