Radical George, Preparing His Sacrifices to the God of Growth

Summary


GEORGE OSBORNE has a blunt message for his Cabinet colleagues ahead of the Budget on March 23. 'Growth is the priority. Other things will have to come second.' With oil prices rising so rapidly that they are threatening another recession, the Chancellor knows that the Budget needs to be bold if it is to get the economy growing again. Those involved in the discussions say that it is steadily becoming more radical. Things that were off the table a few months ago are now on it.

But the problem for Osborne is that he has little money to play with. He needs to find ways to boost the economy that don't cost money.

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Extract


Radical George, Preparing His Sacrifices to the God of Growth

Osborne thinks he has hit on three of these: reform of the planning system, deregulation and tax si...

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