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We support the auto-enrolment but we have our doubts about the way the National Pension Scheme is going to be structured.
George Osborne
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George Osborne
Age: 53
Born: 1971
Born: May 23
British Politician
Economist
Historian
Journalist
Politician
Writer
George Gideon Oliver Osborne
National
Doubt
Support
Auto
Going
Structured
Way
Pension
Scheme
Doubts
Schemes
More quotes by George Osborne
We need to think deeply about whether we can sustain banks that are not only too big to fail, but potentially too big to bail.
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Even a China growing at 7% or indeed less is still adding to the world economy an economy equivalent to the UK or more.
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You also want to look at how the tax system encourages and rewards pension saving. I have set as an ambition reversing the effects of Gordon Brown's tax raid which heralded the beginning of the age of responsibility. We are looking at some very specific tax measures on how we can encourage saving.
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I didn't come from a traditional Tory background it was urban and metropolitan.
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If we don't get a grip on government spending, there will be no growth.
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I would also like to see children aged between 11 and 18 taught financial education in a structured way in schools. I would also say that that is not enough. You have also got to improve numeracy skills, mathematical skills in schools.
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We have to be pretty tough with mortgage companies and say you have got to give people the chance to work out their debts, sort out future mortgages.
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We have supported the banks, they should be supporting the economy now.
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You know the illusion of the cheap money is over and now Britain has to go out there and graft and earn its way and create wealth and prosperity in a very competitive world.
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What's interesting is whilst Shanghai has gone stellar - literally, in these massive buildings which have appeared since I first visited - Beijing has become a much more vibrant and interesting place. A lot more business is done here.
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There is a big problem. The problem is the country borrowed too much. We went on a borrowing binge, there was a housing boom. You want to help people de-leverage and deal with those debts over time.
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I think it is absolutely central to our economic plan as a country not only that we put our own house in order but that we better connect ourselves with other parts of the world, particularly the faster growing parts of the world.
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A generous basic state pension is the least a civilized society should offer those who have worked hard and saved through their whole lives.
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I get a lot of letters from people.
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Establishing proper economic governance that allows the Eurozone to undertake the integration it needs whilst protecting the interests of the single market for all 28, the rights of member states who are not in the Euro - including of course the UK - is really important for the future of the European Union.
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I did meet Mickey Mouse in California, and he seems to be writing the Labour party's economic policy at the moment.
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I understand the damage the expenses crisis has done to Parliament, and the paramount importance of restoring trust in our politics.
George Osborne
You need to have a state pension that doesn't drag more and more people into means-testing each year and make it very difficult for people on low to medium term incomes to save and not see their savings clawed away.
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No other chancellor in the long history of the office has felt the need to pass a law in order to convince people he has the political will to implement his own Budget.
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