Sunday 26 February 2017

Osborne's choices will have knock-on effect for Ireland

James Downey

James Downey

George Osborne
George Osborne

George Osborne presented his seventh budget - and first purely Conservative budget - in the House of Commons the other day. It was not one of the more exciting events of the week.

By comparison with the dramatic events in Greece and China, Mr Osborne's big day was almost timid. He tried to make it sound otherwise. But it would have taken a very naïve person, or a dedicated Tory, to react with shining eyes or a thumping heart.

Admittedly, he did sound ambitious. He has a five-year plan (we know all about five-year plans in Ireland) "to keep on moving from a low-wage, high-tax, high-welfare economy to the higher-wage, lower-tax, lower-welfare economy we intend to create".

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