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Reflected in a window, people walk in London's City financial district, Tuesday, Feb. 14, 2012. Britain's AAA credit rating was put on a "negative outlook" by ratings agency Moody's Tuesday, amid fears over weaker growth prospects and potential shocks... View Photo »
Tourists check a map outside the Bank of England, left, and the Royal Exchange, right, in London's City financial district, Tuesday, Feb. 14, 2012. Britain's AAA credit rating was put on a "negative outlook" by ratings agency Moody's Tuesday, amid fears... View Photo »
British Finance Minister George Osborne leaves 11 Downing Street in London, on February 14, 2012. George Osborne defended his government's harsh austerity measures on Tuesday after Moody's said the country risked losing its pristine AAA credit rating. ... View Photo »
British Chancellor of the Exchequer George Osborne leaves number 11 Downing Street after attending the weekly meeting of the Cabinet in London on January 31, 2012. View Photo »
Britain's Chancellor of the Exchequer George Osborne attends a session at the World Economic Forum (WEF) in Davos, January 28, 2012. View Photo »
Britain's Chancellor of the Exchequer, George Osborne, gestures as she speaks during a session at the World Economic Forum in Davos, Switzerland, Saturday, Jan. 28, 2012. View Photo »
George Osborne, Chancellor of the Exchequer of the United Kingdom addresses participants about ' Global Economic Outlook 2012 ', on January 28, 2012, during the World Economic Forum (WEF) in the congress center of the Swiss resort of Davos. The global... View Photo »
International Monetary Fund (IMF) president Christine Lagarde (L) meets with British Chancellor of the Exchequer George Osborne (R) at number 11 Downing Street in central London on January 25, 2012. Lagarde held talks with Osborne as London hesitates to... View Photo »
LONDON, ENGLAND - JANUARY 25: British Chancellor George Osborne (L) meets with the President of the International Monetary Fund Christine Lagarde outside 11 Downing Street on January 25, 2011 in London, England. The UK economy shrank by 0.2% during the... View Photo »
Britain's Chancellor of the Exchequer George Osborne (R) meets with President of the International Monetary Fund Christine Lagarde at 11 Downing Street in London January 25, 2012. View Photo »
The managing director of the International Monetary Fund (IMF) France's Christine Lagarde arrives to meet Britain's Chancellor of the Exchequer George Osborne, not pictured, outside 11 Downing Street, in London, Wednesday, Jan. 25, 2012. View Photo »
Britain's Chancellor of the Exchequer George Osborne, left, greets the managing director of the International Monetary Fund (IMF) France's Christine Lagarde before their meeting at 11 Downing Street, in London, Wednesday, Jan. 25, 2012. View Photo »
A woman stops to check her mobile phone next to a shop that went out of business in New Cross, south London, January 25, 2012. Britain's government will stick to its deficit-cutting plan, Chancellor George Osborne said on Wednesday shortly after data... View Photo »
A man walks a shop that has gone out of business in Camberwell, south London, January 25, 2012. Britain's government will stick to its deficit-cutting plan, Chancellor George Osborne said on Wednesday shortly after data showed the British economy... View Photo »
A man walks shuttered and boarded up premises in Peckham, South London, January 25, 2012. Britain's government will stick to its deficit-cutting plan, Chancellor George Osborne said on Wednesday shortly after data showed the British economy contracted... View Photo »
The head of the International Monetary Fund (IMF) Christine Lagarde arrives at 11 Downing Street for a meeting with Britain's Chancellor of the Exchequer George Osborne in London January 25, 2012. View Photo »
Britain's Chancellor of the Exchequer George Osborne (L) welcomes the head of the International Monetary Fund (IMF) Christine Lagarde at 11 Downing Street in London January 25, 2012. View Photo »
Britain's Chancellor of the Exchequer George Osborne arrives at the Treasury in London January 25, 2012. View Photo »
German Finance Minister Wolfgang Schaeuble, left, speaks with from left, Poland's Finance Minister Jacek Rostowski, French Finance Minister Francois Baroin and British Finance Minister George Osborne during a meeting of EU finance ministers in Brussels... View Photo »
French Finance Minister Francois Baroin (L) and British Chancellor of the Exchequer George Osborne talk on January 24, 2012 before an EU Economy and Finance Council meeting at EU headquarters in Brussels. Austria's finance minister said on January 24... View Photo »
Gideon George Oliver Osborne (born 23 May 1971) is a Conservative Party politician in the United Kingdom, and has been the Member of Parliament for Tatton since 2001. He is currently Shadow Chancellor of the Exchequer. Full Article
British Chancellor of the Exchequer George Osborne leaves number 11 Downing Street after attending the weekly meeting of the Cabinet in London on January 31, 2012.
View Photo »George Osborne, Chancellor of the Exchequer of the United Kingdom addresses participants about ' Global Economic Outlook 2012 ', on January 28, 2012, during the World Economic Forum (WEF) in the congress center of the Swiss resort of Davos. The global elite has talked itself into an...
View Photo »International Monetary Fund (IMF) president Christine Lagarde (L) meets with British Chancellor of the Exchequer George Osborne (R) at number 11 Downing Street in central London on January 25, 2012. Lagarde held talks with Osborne as London hesitates to contribute to an expansion of the...
View Photo »LONDON, ENGLAND - JANUARY 25: British Chancellor George Osborne (L) meets with the President of the International Monetary Fund Christine Lagarde outside 11 Downing Street on January 25, 2011 in London, England. The UK economy shrank by 0.2% during the last quarter of 2011. Official...
View Photo »Britain's Chancellor of the Exchequer George Osborne (R) meets with President of the International Monetary Fund Christine Lagarde at 11 Downing Street in London January 25, 2012.
View Photo »Britain's Chancellor of the Exchequer George Osborne, left, greets the managing director of the International Monetary Fund (IMF) France's Christine Lagarde before their meeting at 11 Downing Street, in London, Wednesday, Jan. 25, 2012.
View Photo »Britain's Chancellor of the Exchequer George Osborne (L) welcomes the head of the International Monetary Fund (IMF) Christine Lagarde at 11 Downing Street in London January 25, 2012.
View Photo »Britain's Chancellor of the Exchequer George Osborne arrives at the Treasury in London January 25, 2012.
View Photo »French Finance Minister Francois Baroin (L) and British Chancellor of the Exchequer George Osborne talk on January 24, 2012 before an EU Economy and Finance Council meeting at EU headquarters in Brussels. Austria's finance minister said on January 24 that the eurozone wanted Greek...
View Photo »British Chancellor of the Exchequer George Osborne (L) speaks with Luxembourg's Prime Minister and Eurogroup president Jean-Claude Juncker (C) and EU Commissioner for Economic and Monetary Affairs Olli Rehn at the EU headquarters in Brussels on January 23, 2012, before taking part in...
View Photo »European Central Bank president Mario Draghi (L) , British Chancellor of the Exchequer George Osborne (2nd L) and EU Commissioner for Economic and Monetary Affairs Olli Rehn (R) listens to Luxembourg's Prime Minister and Eurogroup president Jean-Claude Juncker in Brussels on January...
View Photo »British Finance Minister George Osborne, center left, and Luxembourg's Prime Minister Jean-Claude Juncker, center right, slap hands as European Central Bank President Mario Draghi, left, looks on during a meeting of EU finance ministers in Brussels on Monday, Jan. 23, 2012. European...
View Photo »Britain's Chancellor of the Exchequer George Osborne (L) talks to Luxembourg's Prime Minister and Eurogroup chairman Jean-Claude Juncker (R) at the start of a European Union finance ministers meeting at the European Union council headquarters in Brussels January 23, 2012.
View Photo »Britain's Chancellor of the Exchequer George Osborne (L) talks with Germany's Finance Minister Wolfgang Schaeuble (R) at the start of a European Union finance ministers meeting at the European Union council headquarters in Brussels January 23, 2012.
View Photo »Reflected in a window, people walk in London's City financial district, Tuesday, Feb. 14, 2012. Britain's AAA credit rating was put on a "negative outlook" by ratings agency Moody's Tuesday, amid fears over weaker growth prospects and potential shocks from the eurozone crisis. Britain's...
View Photo »Tourists check a map outside the Bank of England, left, and the Royal Exchange, right, in London's City financial district, Tuesday, Feb. 14, 2012. Britain's AAA credit rating was put on a "negative outlook" by ratings agency Moody's Tuesday, amid fears over weaker growth prospects and...
View Photo »Britain's Treasury chief George Osborne, left, shakes hands with Bank of Japan Gov. Masaaki Shirakawa during their meeting at the head office of Japan's central bank in Tokyo Wednesday, Jan. 18, 2012. Osborne was in Japan as part of his trip to Asia.
View Photo »Britain's Treasury chief George Osborne answers reporters' questions after a meeting with Japanese Prime Minister Noda at Noda's official residence in Tokyo Wednesday, Jan. 18, 2012. Osborne was in Japan as part of his trip to Asia.
View Photo »Britain's Treasury chief George Osborne, left, shakes hands with Japanese Finance Minister Jun Azumi during their meeting at the ministry in Tokyo Wednesday, Jan. 18, 2012. Osborne was in Japan as part of his trip to Asia.
View Photo »British Finance Minister George Osborne (L) is greeted by his Japanese counterpart Jun Azumi for their talks at Azumi's office in Tokyo on January 18, 2012. Osborne is now here to exchange views with Japanese officials.
View Photo »British Finance Minister George Osborne (L) shakes hands with his Japanese counterpart Jun Azumi prior to their talks at Azumi's office in Tokyo on January 18, 2012. Osborne is now here to exchange views with Japanese officials.
View Photo »British Finance Minister George Osborne (R) and his Japanese counterpart Jun Azumi (L) smile at their talks at Azumi's office in Tokyo on January 18, 2012. Osborne is now here to exchange views with Japanese officials.
View Photo »Britain's Chancellor of the Exchequer George Osborne (L) shakes hands with Japan's Finance Minister Jun Azumi at the Finance Ministry in Tokyo January 18, 2012.
View Photo »Britain's Chancellor of the Exchequer George Osborne (L) shakes hands with Bank of Japan Governor Masaaki Shirakawa at the Bank of Japan headquarters in Tokyo January 18, 2012. Bank of Japan Governor Shirakawa and visiting British finance minister Osborne met on Wednesday to discuss...
View Photo »Britain's Chancellor of the Exchequer George Osborne (L) shakes hands with China's Vice Premier Wang Qishan in the Xinjiang Room located in the Great Hall of the People in Beijing January 17, 2012. Osborne is visiting China and Japan this week in a drive to attract Asian investment and...
View Photo »British Chancellor of the Exchequer George Osborne leaves number 11 Downing Street after attending the weekly meeting of the Cabinet in London on January 31, 2012.
View Photo »The U.K. has ambitious plans to engage with China on a range of research projects
George Osborne is very focused on business and there are a whole range of different initiatives, whether it is things like the enterprise investment scheme, to help people start new businesses, or the reduction in corporation tax. Even in a very difficult economic environment he’s reducing the taxes on ...
The eurozone has made progress in recent months, in particular the provision of liquidity to banks by the ECB
The Deputy Prime Minster has failed to support our proposal that an employee be placed on remuneration committees like they are in Germany, Europe’s strongest economy, and in some of our most successful British businesses like John Lewis ... Presumably, Nick Clegg can’t support employee representation o...
to promote the economic stability from which we all benefit
The UK Government can't stop an independent Scotland using sterling. Sterling is not owned by George Osborne. Sterling is a fully convertible currency. He couldn't possibly instruct people not to use sterling.
The UK wants to be the gateway for Asian banking in Europe and a bridge to the US. There's substantial scope for the expansion of the renminbi market
RBS will outline a restructuring plan that will see its global banking and markets (GBM) operation shrunk to reflect pressure from the Government for it to retreat from its ambition to be a global investment banking powerhouse. It will reflect the desire of George Osborne, the Chancellor, to see RBS cut...
No one likes to see credit ratings downgraded. Structural reforms are necessary to tackle structural obstacles to growth
At a time when small businesses and our flat-lining economy need all the help they can get, [Chancellor] George Osborne should now extend the scheme so thousands more companies can benefit. As part of our five-point plan for jobs Labour is calling for this tax break to be extended to support all existin...
It is no coincidence that my first international visit in 2012 is to Asia. While the European economy is struggling, Asia is growing at a remarkable pace ... This presents huge opportunities for British businesses to trade and invest, and I'm determined that we get out there and seize them.
Although we had known for a while that George Osborne had been reluctant to give money specifically for this eurozone bailout package, the fact he has gone ahead and done it will come as another blow to what was supposed to be the plan to save the euro.
London is perfectly placed to act as a gateway for Asian banking and investment in Europe.
I've been working with people like Steve Hilton, David Cameron, George Osborne for 20 years plus. There is not a problem getting the messages through
We haven't actually seen much evidence of the improved resources needed by the euro to actually provide confidence to the market that they will stand behind their own currency
We were told this is a serious debate about life expectancy and all those issues, but what we're finding out is that this attack on public sector pensions ... is all about putting more money in George Osborne's coffers to pay for the mess the bankers have made of our economy
I would say almost more so than the downgrading, the ongoing uncertainty about how they are going to write off some of the private sector debt in Greece is an almost greater source of instability at the moment in the euro zone
George Osborne is like a pilot who has put his plane into a tailspin and is now wrestling desperately with the controls as the aircraft rapidly loses height
The eurozone has made progress in recent months, in particular the provision of liquidity to banks by the ECB (European Central Bank)
A love of the natural world is deeply rooted in our country – and so for George Osborne to pledge to ditch the most important laws that protect the crown jewels of our countryside is politically toxic, and suggests he learned nothing from the woodland sell-off fiasco
It's clear that there's scope for substantial expansion of the renminbi market in coming years
It seems we have been bounced by George Osborne into backing the cuts in the Tories’ next election manifesto. This will make it harder for us to have an exit strategy from the coalition.
Obviously people are anxious about the year ahead, and I understand that, but I would say there are some grounds for optimism
Just two days ago George Osborne and (London Mayor) Boris Johnson promised Londoners two new tube stations in South London
