The Latest Breaking News from George Osborne

Tory ex-chancellor George Osborne conceded large reforms to the tax system can be difficult politically as he pointed to his 2012 ‘pasty tax’ budget.

The former chancellor described the government as ‘constrained by its promise’ after Labour’s general election manifesto pledged to not increase VAT, national insurance or income tax

THE INDEPENDENT VIEW: Editorial: In the Manchester conference hall, the Conservative leader showed herself at her combative best – but one good speech with a headline-grabbing policy won’t be enough on its own to close the gap with Nigel Farage’s Reform UK

Labour chancellor under pressure to scrap policy, brought in as part of the Tory government’s ‘austerity’ plans

Food inflation pushes consumers to the limits of what they are willing to spend, costing retailers sales

Valentine Low’s Power and the Palace is a study of how sovereigns and politicians have circled one another for two centuries. It is well-researched; flashes of brilliance sit alongside passages that feel well worn. Among the revelations in the book’s serialisation was the late Queen’s aside to George Osborne to…

Keir Starmer may need to move quickly to appoint new envoy given Donald Trump’s imminent state visit

Despite his value to Starmer, the New Labour veteran has been forced into an extraordinary third resignation

Former chancellor is now partner at Robey Warshaw but is expected to move to part-time role, report says