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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.
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
People
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Debts
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Boom
Bigs
Borrowing
Helping
Borrowed
Problem
Housing
Country
Debt
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Binge
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Deals
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More quotes by George Osborne
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.
George Osborne
Well look, no one takes pleasure from people making money out of the misery of others, but that is a function of capitalist markets.
George Osborne
Put on top of that the fact that the whole world is looking at Britain and saying how is this country going to pay its way in the future. They are looking at other countries like Greece who can't pay their way in the future and you see savage spending cuts, big cuts in pay.
George Osborne
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.
George Osborne
I didn't come from a traditional Tory background it was urban and metropolitan.
George Osborne
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.
George Osborne
We want people to have a stake in the British economy so I am in favour of actually encouraging people to have small shareholdings and feel they've got a stake in our economic future.
George Osborne
Well British pension funds have not been investing the savings of British people in British infrastructure.
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.
George Osborne
Britain cannot afford to cut itself off from what is going on in the world, we are too interconnected with what is going on, we have a powerful history and tradition of taking an interest in what is going on in the world, we've also got a very real interest in the future, in remaining connected.
George Osborne
I have done everything I can to move Britain out of the financial danger zone.
George Osborne
The positive news is that the British economy is continuing to grow and is creating jobs. And it is positive news too that at a time of real international instability we are a safe haven in the storm.
George Osborne
I'm not saying job done but I am actually pretty confident that Britain can be one of the biggest winners from these big global changes that are taking place and indeed become the richest of the major economies in the world in this coming generation.
George Osborne
There are those who are trying to create an anti-business culture in Britain - and we have to stop them. At stake are not pay packages for a few but jobs and prosperity for the many.
George Osborne
If we don't get a grip on government spending, there will be no growth.
George Osborne
One big theme for me is that we have got to move from an economy built on debt to one where we save and invest in the future.
George Osborne
British taxpayers should not bear the costs of problems in the Eurozone.
George Osborne
I want Britain to be the home of successful competitive and stable financial services.
George Osborne
Britain wants the single currency to be a success. It is massively in our interests that we have a stable financial system on our doorstep.
George Osborne
I very much support financial education in schools.
George Osborne