GEORGE OSBORNE declared “open class warfare” yesterday by revealing plans to permanently peg government spending “at Victorian levels.”
The Chancellor announced his intention to effectively ban public-sector borrowing at his annual Mansion House speech in the City of London.
Bedecked in black tie dress, Ms Osborne told bosses enjoying a lavish banquet that Britain should pull its belt in “while the sun is shining.”
Burnham urged to raise taxes on banks after Barclays reveals 30% rise in pre-tax profits
Trade unions call for windfall tax hike to fund social energy tariff to public’s energy bills
Only an ambitious programme of state-led investment can restore growth and improve living standards, argues MICHAEL BURKE
The 2025 Budget shores up the PM’s political position with headline-grabbing welfare U-turns, but with no improvements on offer to declining public services or living standards, writes MICHAEL BURKE



