Britain looks at austerity budget plan

Britain looks at austerity budget plan

LONDON, June 22 (UPI) -- British Chancellor of the Exchequer George Osborne outlined an austerity budget package that called for a sales tax increase from 17 percent to 20 percent.

Britain contemplates value added tax hike

LONDON, Feb. 13 (UPI) -- Britain may have to raise its value added tax on purchases to as high as 20 percent to tackle its $279 billion deficit, authorities said.

Poll: Conservatives might fall short

LONDON, Jan. 31 (UPI) -- The Conservative lead over Labor slipped to 9 points in a poll released Sunday, suggesting neither party will have a majority after the British election.

First British bailout failed, critic says

LONDON, Jan. 20 (UPI) -- New measures to shore up banks in Britain amounted to an admission that the first round of bailout measures fell short, shadow Chancellor George Osborne said.

British banker: Lower rates possible

LONDON, Dec. 19 (UPI) -- A Bank of England official said that cuts in the bank's key lending rate to near zero were a possibility.

Secret tax plan causes stir in Britain

LONDON, Nov. 26 (UPI) -- Britain's Shadow Chancellor George Osborne is crying foul after a Treasury document inadvertently posted on a Web site showed a discarded plan to raise taxes.

Debate over Britain's stimulus plan begins

LONDON, Nov. 25 (UPI) -- Britain's Chancellor of the Exchequer and the opposition Shadow Chancellor sparred Tuesday over the government's $30.5 billion stimulus package.

Osborne supports Spelman in nanny scandal

LONDON, June 7 (UPI) -- Caroline Spelman, the head of Britain's Conservative Party, likely did nothing wrong by using public funds for a nanny, Shadow Chancellor George Osborne says.

Government to take over Northern Rock bank

LONDON, Feb. 18 (UPI) -- U.K. Chancellor of the Exchequer Alistair Darling said Monday the government would temporarily take over troubled Northern Rock bank.

Northern Rock shares jump on news of plan

LONDON, Jan. 21 (UPI) -- A U.K. government proposal to save Northern Rock bank has met with decidedly mixed reviews.

Conservatives consider 'green' taxes

BOURNEMOUTH, England, Oct. 3 (UPI) -- Leaders of Britain's Conservative Party are considering balancing environment-driven tax hikes with income tax cuts.

U.K. Tories consider flat tax

LONDON, Sept. 4 (UPI) -- The Conservative Party in Britain is considering tax reform and perhaps a flat tax.

New Tory leader expected by Christmas

LONDON, May 11 (UPI) -- British Conservative Leader Michael Howard is to step down after the party's October conference, paving the way for a new leader by Christmas.

Brown: Tories spell danger for Britain

GATESHEAD, England, Feb. 12 (UPI) -- Chancellor of the Exchequer Gordon Brown said Saturday Britain would not be safe in Conservative hands should the party be voted into office.
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George Osborne
Shadow Chancellor George Osborne delivers his keynote speech to Party delegates at the 2009 Conservative Party Conference in Manchester on October 6, 2009. UPI/Hugo Philpott

George Gideon Oliver Osborne, MP (born 23 May 1971 in Paddington, London) is a British Conservative politician. He is the Chancellor of the Exchequer of the United Kingdom, a role he was appointed to in May 2010, and has been the Member of Parliament for Tatton since 2001.

Osborne is part of the old Anglo-Irish aristocracy, known in Ireland as the Ascendancy. He is the heir to the Osborne baronetcy (of Ballentaylor, in County Tipperary, and Ballylemon, in County Waterford).

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "George Osborne."
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