Qualified advisers answering your
Financial Questions
call 0800 092 1245

Lord Mandelson launches ferocious attack on George Osborne

Lord Mandelson, who is basically an unelected member of the UK government, has today come out fighting on behalf of the Labour Party suggesting that the UK financial sector does not want George Osborne as the next Chancellor of the Exchequer. He is suggesting that the vast majority of investors in the UK believe that George Osborne is the weak link in the Conservative party and more interested in politics than economics. So is this true?

There is no doubt that Lord Mandelson is attempting to muddy the water as we approach the critical run-up to the general election and by highlighting what many people see as the weak link in the Conservative party he is hoping to place doubt into the minds of voters. However, when you consider how the UK government has recently handled the UK economy itself there would appear to be little room for manoeuvre and a danger of this attack backfiring.

Forecasts after forecast after forecast have proved to be incorrect and UK investors and UK voters have been given false hope over the last two years. At a time when UK national debt is estimated to be over £1 trillion, UK consumer debt is at record highs and the UK budget is out of control, should we really be listening to a government at the centre of all this mayhem?

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details