Osborne didn't need to genuflect towards the House of Mouse, because the UK has a well-deserved reputation as the home of high quality cinema and moviemaking. But for how long? Osborne is at the top of a government that has slashed arts funding to the bone, axed the UK Film Council and is generally doing a great deal of damage in the cultural arena.
As the prime minister's only black, working-class advisor moves to a part-time role, amid suggestions he was pushed out by the Etonian clique with which David Cameron has chosen to populate Downing Street, the charges of elitism are only going to get worse. You can be celebrated for writing a hit TV show like Girls even if you get your ethnic mix off-kilter, especially if you take the criticism on the chin and don't duck the issue, but it's far harder when you're running the country.
All the pre-briefing about the Queen's Speech suggested that its centrepiece, its pièce de résistance, would be a new immigration bill. Trumpets sounded. The drum roll played. But by the time the Queen had returned to Buckingham Palace and sent the Crown back to the Tower of London, the government confessed that all they had come up with was a set of three measures that they are considering putting into a Bill that will not even be ready for presenting to parliament until the autumn.