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Osborne flags new scheme to allow credit easing

Last Updated: Tuesday, October 4, 2011, 00:16

Chancellor George Osborne flagged a new scheme on Monday to funnel lending directly to companies starved of credit by banks, trying to get economic growth back on track without breaking his pledge to cut public spending.

Won't shy from politically risky reforms: Osborne

Last Updated: Monday, September 12, 2011, 08:59

Chancellor George Osborne, said he was determined to push ahead with reforms necessary to boost the economy even if that was a politically risky strategy.

G7 debt crisis talks going well: Osborne

Last Updated: Saturday, September 10, 2011, 11:56

The world's leading industrialised nations are making good progress towards agreeing on ways to deal with the global debt crisis, Chancellor George Osborne said on Friday.

British MPs draw flak for defying austerity measures

Last Updated: Monday, January 3, 2011, 11:11

Senior MPs in Britain have come under fire for celebrating New Year lavishly.