Highlights are pasted below but George Osborne’s response to the boomerang budget was outstanding. He showed genuine anger at the failure of Brown to prepare us for these difficult times. He highlighted three key weaknesses in Labour’s record:
A MASSIVE INCREASE IN THE PUBLIC DEBT.
THE FACT THAT BRITAIN IS FACING THE MOST SEVERE RECESSION OF ALL DEVELOPED NATIONS.
TODAY’S TEMPORARY TAX CUTS WILL BE FOLLOWED BY LARGER TAX RISES WITHIN A YEAR OR TWO.
Congratulations George. Now we want you to bring forward Tory announcements on waste-funded tax reliefs – the proceeds of which can be shared with tighter control of borrowing. But that’s for another day.