Sunday, March 31, 2013


Conservative Knives Out for George Osborne

THE DAILY TELEGRAPH: George Osborne faces a whispering campaign at the highest levels of the Conservative Party over his competence and judgment.

The Chancellor has been personally blamed for the party’s misfortunes and poor opinion poll ratings, with senior figures warning that change is needed ahead of the general election.

There are renewed calls for Mr Osborne to give up his role coordinating the party’s campaigning, as fears mount of disastrous results in May’s English local elections.

Some critics are demanding that he should be replaced as Chancellor by William Hague, the Foreign Secretary. Such a move would be a dramatic shift for the Prime Minister, as Mr Osborne is his closest political ally.

One senior Conservative at the heart of the party, speaking on condition of anonymity, told The Telegraph: “George is the problem.”

Concerns centre on what is perceived to be his failure to understand the middle classes, their values, and their economic struggle.

Most notably, critics highlighted how the last budget in effect penalised rather than helped stay-at-home mothers and did not introduce recognition for marriage in the tax system.

This came on top of changes to child benefit which also penalise single-earner households.

Senior critics within the party were also unhappy with his flagship measure to boost the housing market, a mortgage guarantee scheme. There have been warnings that it could create a housing bubble, rather than help economic growth. » | Patrick Hennessy | Saturday, March 30, 2013