George Osborne

LONDON, ENGLAND - OCTOBER 19: Lights are on in the windows of the Treasury building on the evening before Chancellor of the Exchequer George Osborne unveils the Comprehensive Spending Review on October 19, 2010 in London, England. Chancellor of the Exchequer George Osborne is due to announce the Comprehensive Spending Review to Parliament tomorrow which will aim to set out in detail the Government's spending cuts.

LONDON, ENGLAND - OCTOBER 18: A man holds a mask depicting the face of George Osborne outside the Treasury on October 18, 2010 in London, England. Bosses of 35 of the UK's largest companies have expressed their support for the Government's spending cuts which Mr Chancellor George Osborne will announce in the Comprehensive Spending Review on October 20, 2010.

LONDON, ENGLAND - OCTOBER 27: Chancellor of the Exchequer George Osborne arrives at Number 10 Downing Street on October 27, 2010 in London, England. The Chancellor has praised the higher than expected quarterly growth figures combined with a downgrading of the risks inherent in Britains debts by international rating agency Standard & Poor, although opposition concerns remain that spending cuts may cause a slowing in the pace of recovery and that interest rates may need to rise.

LONDON, ENGLAND - OCTOBER 27: Chancellor of the Exchequer George Osborne arrives at Number 10 Downing Street on October 27, 2010 in London, England. The Chancellor has praised the higher than expected quarterly growth figures combined with a downgrading of the risks inherent in Britains debts by international rating agency Standard & Poor, although opposition concerns remain that spending cuts may cause a slowing in the pace of recovery and that interest rates may need to rise.

British Chancellor of the Exchequer, George Osborne, addresses delegates on the second day of the Conservative party conference at the International Convention Centre in Birmingham, central England, on October 4, 2010. Britain is to scrap the long-held principle of child benefits for all families, its finance minister said Monday, as the government imposes the deepest cuts in decades. Chancellor of the Exchequer George Osborne said that the move -- which ends a universal system introduced in 1946 -- would affect higher-earning households, around 15 percent overall.

LONDON, ENGLAND - OCTOBER 20: Chancellor of the Exchequer George Osborne walks from Number 10 Downing Street after attending a Cabinet meeting in Downing Street on October 20, 2010 in London, England. The Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON, ENGLAND - OCTOBER 20: Chancellor of the Exchequer George Osborne drives from 10 Downing Street after attending a Cabinet meeting in Downing Street on October 20, 2010 in London, England. The Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON - OCTOBER 20: Britain's Chancellor of the Exchequer George Osborne (2nd,R) speaks with Deputy Prime Minister Nick Clegg, (R) Chief Secretary to the Treasury Danny Alexander (L) and Prime Minister David Cameron (2nd,L) following a Cabinet meeting in 10 Downing Street on October 20, 2010 in central London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON - OCTOBER 20: Britain's Chancellor of the Exchequer George Osborne (R) and Chief Financial Secretary to the Treasury Danny Alexander leave the Treasury building for the House Of Commons on October 20, 2010 in central London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swinging cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON, ENGLAND - OCTOBER 20: Chancellor of the Exchequer George Osborne (C) leaves Parliament on October 20, 2010 in London, England. The Chancellor of the Exchequer George Osborne has set out a four year plan of public spending cuts in Parliament. The spending review is designed to tackle the country's deficit. A raft of measures including an increase in employers contributions to pensions, savings in Whitehall to rise from £3bn to £6bn and a tax levy on the banks.

(L-R) Swedish Finance Minister Anders Borg, British Chancellor of the Exchequer George Osborne and French Finance Minister Christine Lagarde talk prior to a special Eurogroup meeting on November 28, 2010 at the EU headquarters in Brussels. Britain's finance minister George Osborne joined emergency talks with euro currency partners to finalise an 85-billion-euro Irish bailout amid anger in Dublin at high interest rates being imposed from Brussels.

Swedish Finance Minister Anders Borg (L), Britain's finance minister George Osborne (2nd L), Belgian Finance minster Didier Reynders (2nd R) and Spanish Finance Minister Elena Salgado (R) talk prior a special Eurogroup meeting at the EU headquarters in Brussels on November 28, 2010. George Osborne joined emergency talks with euro currency partners to finalise an 85-billion-euro (113 billion USD) Irish bailout amid anger in Dublin at high interest rates being imposed from Brussels.

British Chancellor of the Exchequer George Osborne (L) speaks with French Finance Minister Christine Lagarde prior to a special Eurogroup meeting on November 28, 2010 at the EU headquarters in Brussels. Britain's finance minister George Osborne joined emergency talks with euro currency partners to finalise an 85-billion-euro Irish bailout amid anger in Dublin at high interest rates being imposed from Brussels.

Britain's Finance Minister George Osborne (L) and French Finance Minister Christine Lagarde (R) listen to Luxembourg's Prime Minister and Eurogroup president Jean-Claude Juncker (C) prior a special Eurogroup meeting on November 28, 2010 at the EU headquarters in Brussels. George Osborne joined emergency talks with euro currency partners to finalise an 85-billion-euro (113 billion USD) Irish bailout amid anger in Dublin at high interest rates being imposed from Brussels.

LONDON - OCTOBER 20: Britain's Chancellor of the Exchequer George Osborne (4th,R) addresses a Cabinet meeting in 10 Downing Street on October 20, 2010 in central London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON - OCTOBER 20: Britain's Chancellor of the Exchequer George Osborne addresses a Cabinet meeting in 10 Downing Street on October 20, 2010 in central London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON - OCTOBER 20: Britain's Chancellor of the Exchequer George Osborne (3rd,R) addresses a Cabinet meeting in 10 Downing Street on October 20, 2010 in central London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON, ENGLAND - OCTOBER 20: A road sweeper clears leaves from outside Number 10, Downing Street while Chancellor George Osborne delivers the government's Spending Review in Parliament on October 20, 2010 in London, England. Chancellor of the Exchequer George Osborne has set out a four year plan of public spending cuts in Parliament. The spending review is designed to tackle the country's deficit and includes measures to increase employers contributions to pensions, savings in Whitehall to rise from £3bn to £6bn and a tax levy on the banks.

LONDON - OCTOBER 20: Britain's Chancellor of the Exchequer George Osborne (R) and Chief Financial Secretary to the Treasury Danny Alexander leave the Treasury building for the House Of Commons on October 20, 2010 in central London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swinging cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

British Chancellor of the Exchequer George Osborne (L) speaks with French Finance Minister Christine Lagarde prior to a special Eurogroup meeting on November 28, 2010 at the EU headquarters in Brussels. Britain's finance minister George Osborne joined emergency talks with euro currency partners to finalise an 85-billion-euro Irish bailout amid anger in Dublin at high interest rates being imposed from Brussels.

British Chancellor of the Exchequer, George Osborne, , addresses delegates on the second day of the Conservative party conference at the International Convention Centre in Birmingham, central England, on October 4, 2010. Britain is to scrap the long-held principle of child benefits for all families, its finance minister said Monday, as the government imposes the deepest cuts in decades. Chancellor of the Exchequer George Osborne said that the move -- which ends a universal system introduced in 1946 -- would affect higher-earning households, around 15 percent overall.

British Chancellor of the Exchequer, George Osborne, walks on stage before addressing delegates on the second day of the Conservative party conference at the International Convention Centre in Birmingham, central England, on October 4, 2010. Britain is to scrap the long-held principle of child benefits for all families, its finance minister said Monday, as the government imposes the deepest cuts in decades. Chancellor of the Exchequer George Osborne said that the move -- which ends a universal system introduced in 1946 -- would affect higher-earning households, around 15 percent overall.

British Chancellor of the Exchequer, George Osborne, addresses delegates on the second day of the Conservative party conference at the International Convention Centre in Birmingham, central England, on October 4, 2010. Britain is to scrap the long-held principle of child benefits for all families, its finance minister said Monday, as the government imposes the deepest cuts in decades. Chancellor of the Exchequer George Osborne said that the move -- which ends a universal system introduced in 1946 -- would affect higher-earning households, around 15 percent overall.

British Chancellor of the Exchequer, George Osborne, addresses delegates on the second day of the Conservative party conference at the International Convention Centre in Birmingham, central England, on October 4, 2010. Britain is to scrap the long-held principle of child benefits for all families, its finance minister said Monday, as the government imposes the deepest cuts in decades. Chancellor of the Exchequer George Osborne said that the move -- which ends a universal system introduced in 1946 -- would affect higher-earning households, around 15 percent overall.

LONDON - OCTOBER 20: Britain's Chancellor of the Exchequer George Osborne (C) speaks as Deputy Prime Minister Nick Clegg (R) and Home Secretary Theresa May (L) look on during a Cabinet meeting in 10 Downing Street on October 20, 2010 in central London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON - OCTOBER 20: Britain's Chancellor of the Exchequer George Osborne, right, with Chief Financial Secretary to the Treasur Danny Alexander leaves the Treasury building for the House Of Commons on October 20, 2010 in central London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON - OCTOBER 20: Britain's Chancellor of the Exchequer George Osborne, right, with Chief Financial Secretary to the Treasur Danny Alexander leaves the Treasury building for the House Of Commons on October 20, 2010 in central London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON - OCTOBER 20: Britain's Chancellor of the Exchequer George Osborne (R) and Chief Financial Secretary to the Treasury Danny Alexander leave the Treasury building for the House Of Commons on October 20, 2010 in central London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swinging cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

British Chancellor of the Exchequer George Osborne (L) Belgian Finance minster Didier Reynders (C) and Spanish Finance Minister Elena Salgado talk prior to a special Eurogroup meeting on November 28, 2010 at the EU headquarters in Brussels. Britain's finance minister George Osborne joined emergency talks with euro currency partners to finalise an 85-billion-euro Irish bailout amid anger in Dublin at high interest rates being imposed from Brussels.

British Chancellor of the Exchequer George Osborne arrives prior to a special Eurogroup meeting on November 28, 2010 at the EU headquarters in Brussels. Britain's finance minister George Osborne joined emergency talks with euro currency partners to finalise an 85-billion-euro Irish bailout amid anger in Dublin at high interest rates being imposed from Brussels.

British Chancellor of the Exchequer, George Osborne, addresses delegates on the second day of the Conservative party conference at the International Convention Centre in Birmingham, central England, on October 4, 2010. Britain is to scrap the long-held principle of child benefits for all families, its finance minister said Monday, as the government imposes the deepest cuts in decades. Chancellor of the Exchequer George Osborne said that the move -- which ends a universal system introduced in 1946 -- would affect higher-earning households, around 15 percent overall.

LONDON, ENGLAND - OCTOBER 20: Chancellor of the Exchequer George Osborne (R) walks from Number 10 Downing Street with Danny Alexander Chief Secretary to the Treasury after attending a Cabinet meeting in Downing Street on October 20, 2010 in London, England. The Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON, ENGLAND - OCTOBER 20: Chancellor of the Exchequer George Osborne (R) walks from Number 10 Downing Street with Danny Alexander, Chief Secretary to the Treasury, after attending a Cabinet meeting in Downing Street on October 20, 2010 in London, England. The Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

British Chancellor of the Exchequer George Osborne (L) speaks with French Finance Minister Christine Lagarde prior to a special Eurogroup meeting on November 28, 2010 at the EU headquarters in Brussels. Britain's finance minister George Osborne joined emergency talks with euro currency partners to finalise an 85-billion-euro Irish bailout amid anger in Dublin at high interest rates being imposed from Brussels.

Greek Finance Minister George Papaconstantinou (L) Swedish Finance Minister Anders Borg (2ndL), Britain's finance minister George Osborne (2nd R), and Spanish Finance Minister Elena Salgado (R) talk prior a special Eurogroup meeting at the EU headquarters in Brussels on November 28, 2010. George Osborne joined emergency talks with euro currency partners to finalise an 85-billion-euro (113 billion USD) Irish bailout amid anger in Dublin at high interest rates being imposed from Brussels.

British Chancellor of the Exchequer, George Osborne, addresses delegates on the second day of the Conservative party conference at the International Convention Centre in Birmingham, central England, on October 4, 2010. Britain is to scrap the long-held principle of child benefits for all families, its finance minister said Monday, as the government imposes the deepest cuts in decades. Chancellor of the Exchequer George Osborne said that the move -- which ends a universal system introduced in 1946 -- would affect higher-earning households, around 15 percent overall.

British Chancellor of the Exchequer, George Osborne, addresses delegates on the second day of the Conservative party conference at the International Convention Centre in Birmingham, central England, on October 4, 2010. Britain is to scrap the long-held principle of child benefits for all families, its finance minister said Monday, as the government imposes the deepest cuts in decades. Chancellor of the Exchequer George Osborne said that the move -- which ends a universal system introduced in 1946 -- would affect higher-earning households, around 15 percent overall.

BIRMINGHAM, ENGLAND - OCTOBER 04: Prime Minister David Cameron (C) sits with delegates as he listens to Chancellor George Osborne speak at the Conservative Party Conference on October 4, 2010 in Birmingham, England. On the second day of the conference Chancellor of the Exchequer George Osborne announced cuts to welfare payments.

LONDON, ENGLAND - OCTOBER 20: Chancellor of the Exchequer George Osborne (R) walks from Number 10 Downing Street with Danny Alexander, Chief Secretary to the Treasury, after attending a Cabinet meeting in Downing Street on October 20, 2010 in London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

Swedish Finance Minister Anders Borg (L), French Finance Minister Christine Lagarde (2nd L), German Finance Minister Wolfgang Schauble (2nd R) and Britain's finance minister George Osborne (R) talk prior a special Eurogroup meeting at the EU headquarters in Brussels on November 28, 2010. George Osborne joined emergency talks with euro currency partners to finalise an 85-billion-euro (113 billion USD) Irish bailout amid anger in Dublin at high interest rates being imposed from Brussels.

British Chancellor of the Exchequer, George Osborne, addresses delegates on the second day of the Conservative party conference at the International Convention Centre in Birmingham, central England, on October 4, 2010. Britain is to scrap the long-held principle of child benefits for all families, its finance minister said Monday, as the government imposes the deepest cuts in decades. Chancellor of the Exchequer George Osborne said that the move -- which ends a universal system introduced in 1946 -- would affect higher-earning households, around 15 percent overall.

British Chancellor of the Exchequer, George Osborne, addresses delegates on the second day of the Conservative party conference at the International Convention Centre in Birmingham, central England, on October 4, 2010. Britain is to scrap the long-held principle of child benefits for all families, its finance minister said Monday, as the government imposes the deepest cuts in decades. Chancellor of the Exchequer George Osborne said that the move -- which ends a universal system introduced in 1946 -- would affect higher-earning households, around 15 percent overall.

LONDON - OCTOBER 20: Britain's Chancellor of the Exchequer George Osborne (4th,R) speaks as members of the Cabinet hold a meeting in 10 Downing Street on October 20, 2010 in central London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON, ENGLAND - OCTOBER 20: Chancellor of the Exchequer George Osborne (R) walks from Number 10 Downing Street with Danny Alexander Chief Secretary to the Treasury after attending a Cabinet meeting in Downing Street on October 20, 2010 in London, England. The Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON, ENGLAND - OCTOBER 20: Chancellor of the Exchequer George Osborne (R) walks from Number 10 Downing Street with Danny Alexander, Chief Secretary to the Treasury, after attending a Cabinet meeting in Downing Street on October 20, 2010 in London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON - OCTOBER 20: Britain's Chancellor of the Exchequer George Osborne, right, with Chief Financial Secretary to the Treasur Danny Alexander leaves the Treasury building for the House Of Commons on October 20, 2010 in central London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

LONDON - OCTOBER 20: Britain's Chancellor of the Exchequer George Osborne (R) and Chief Financial Secretary to the Treasury Danny Alexander leave the Treasury building for the House Of Commons on October 20, 2010 in central London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swinging cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.

Britain's Finance Minister George Osborne (L) and French Finance Minister Christine Lagarde (R) listen to Luxembourg's Prime Minister and Eurogroup president Jean-Claude Juncker (C) prior a special Eurogroup meeting on November 28, 2010 at the EU headquarters in Brussels. George Osborne joined emergency talks with euro currency partners to finalise an 85-billion-euro (113 billion USD) Irish bailout amid anger in Dublin at high interest rates being imposed from Brussels.

British Chancellor of the Exchequer George Osborne (L) speaks with French Finance Minister Christine Lagarde prior to a special Eurogroup meeting on November 28, 2010 at the EU headquarters in Brussels. Britain's finance minister George Osborne joined emergency talks with euro currency partners to finalise an 85-billion-euro Irish bailout amid anger in Dublin at high interest rates being imposed from Brussels.

LONDON - OCTOBER 20: Britain's Chancellor of the Exchequer George Osborne (4th,R) speaks as members of the Cabinet hold a meeting in 10 Downing Street on October 20, 2010 in central London, England. Chancellor of the Exchequer George Osborne is set to announce the coalition government's spending review in Parliament. The review is designed to tackle the country's deficit and will outline swingeing cuts throughout the whole of the public sector with many public sector jobs set to be axed and budgets significantly reduced.