My issue is not with the tax on sugary drinks. This is a good idea and all the accumulated evidence suggests it will help reduce general consumption. My issue is with the proposed purpose of the revenues raised. Osborne says this money is going to be used to fund sports facilities in schools and invest in a future generation but who stands to win this particular match?
Today, the Chancellor confirmed that the Government will be making changes to the disability benefits. These are going to make many disabled people's lives harder. It is a very worrying and uncertain time for disabled people, many of whom are already struggling to make ends meet.
The Chancellor's Budget provides one of the set piece events of the parliamentary calendar. The anticipation, the lobbying and the commentary, combine to reveal one of the great theatrical political shows.
George Osborne is right about one thing: the British economy is sailing dangerously close to another recession, insofar as it is likely to be swept up...
The Chancellor's proposals will not address the many pressing problems in education such as the teacher shortage crisis, the lack of school places and the desperate lack of funding. Nor will they address teachers' concerns about a muddled and inappropriate curriculum. They are entirely the wrong priorities.
This Wednesday, the Chancellor will present his budget for the year ahead. But it's not the only important thing happening that day: though it might not dominate the headlines, the government's controversial Trade Union Bill will reach its final stages in the House of Lords. What it represents is a last chance for the government to reconsider its position to ban unions from allowing members to vote online - a ban that no other civil society group faces.
As a Treasury Minister, apprehension always hung heavy in the air on the day before a Budget. Would centrepiece polices come across clearly? Would problems we wanted to downplay loom large? Would the Budget go down well with our MPs, with the media and above all with the public? Today George Osborne has much to be apprehensive about. Four months ago in the Spending Review he insisted that the economy was on the up and so "the savings we need are considerably smaller". This week he's been touring TV studios warning that "the storm clouds are clearly gathering" and that billions of pound of fresh cuts now need to be made.
This Budget reminds me of Bill Murray's Groundhog Day. I looked back at a blog I wrote on George Osborne's 2011 budget, and as well as feeling old, I feel repetitive. Over the past seven years budget after budget has been deemed regressive. This budget looks to be no different... The cumulative impact of seven years of regressive budgets has been dire for women and the most vulnerable in society.
It is no secret that Jeremy Clarkson's departure from the team has left the programme needing to find its cutting edge. The BBC would never admit it but its biggest grossing programme became so successful because of the ridiculous issues its presenters got it into. Bad news is really good publicity. Honest.
With further cuts to public spending expected tomorrow, my request to the Chancellor is to look to the industry that's proved it can deliver results. Making small amounts of capital available to help companies develop, exploit and commercialise their own IP can act as a catalyst for future growth and scale. Fundamentally this means backing ideas and taking risks.
Though it's never yet been run, I wish somebody could start up a popularity contest to decide, once and for all, who is The Most Awful Brit Alive Toda...
It's been easy to miss given the dominance of Europe, but George Osborne must stand before the Commons tomorrow in a very tricky predicament to delive...
'Support for savers' was meant to be one of the key Budget themes. Until recently it seemed likely that the Chancellor would be announcing a radical shake-up of pension saving. But in the face of fierce of opposition from industry, the media and many backbench MPs, the Treasury has now ruled out any changes to pension tax relief in this Budget...
On Wednesday George Osborne will deliver his Budget speech in the Commons for the seventh year running. Over that time, the rhetoric that 'we are all in this together' has faded and evidence has mounted that women and those on low incomes have borne the brunt of austerity policies.
John McDonnell's proposed Fiscal Credibility rule is a break with Osborne's failing "fiscal mandate". Osborne misses every target he sets himself to shrink the deficit. He said he'd clear the deficit entirely by now, but he's £70billion wide of that. He can only meet his target for reducing debt by selling off government-owned assets. And you'd be hard pushed to find a single credible economist who would support Osborne's restrictions on government investment.
From the SNP benches, the real opposition, there will be an alternative. An alternative that prioritises investment, exports, productivity, innovation. That seeks to support our key industries like manufacturing and oil and gas. And that seeks to do manage the economy in the interests of all, and not the few.