Is George Osborne the right man to take over Alistair Darling's job?
Over the last few weeks it has become apparent that George Osborne is looking to take on the role of Chancellor of the Exchequer if, as many believe, the Tory party is victorious at the next general election. Mr Osborne has been in the news on regular occasions over the last few months in a pre-planned strategy to make UK business leaders and consumers more aware of him and what he stands for.
He has introduced a number of interesting subjects to the mix as slowly but surely the Conservative Party strategy for rescuing the UK economy begins to take shape. There are still some in the City who believe that George Osborne is not the man to take over at the Treasury but at this moment in time there is no talk of a replacement and indeed he appears to have the full backing of David Cameron.
As we have mentioned on numerous occasions, there are many people in the UK who believe that a victory at the next election would be something of a poisoned chalice because ultimately there will be little scope for tax reductions and indeed taxation is certain to increase in the short to medium term. The UK debt pile is now said to have topped £1 trillion and generations of the UK population will be paying the price for reckless spending over the last decade.
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