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...The last to try this was George Osborne and all the subsequent leaders of his party triumphed by opposing further austerity....
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...stephen.bush@ft.com...
...They remember that the IMF warned George Osborne about his plans, only to be surprised by the UK’s economic performance....
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...Osborne himself admitted that that was absolutely not what the NHS itself needed, but weighed that against the politics....
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...Osborne’s attempt to cut tax credits — and to balance it off by implementing a more generous minimum wage — blew up his budget and badly damaged David Cameron’s approval ratings....
...Chief executive C.S. Venkatakrishnan said the results came “against a mixed market backdrop” and promised an investor update with new financial targets alongside its full-year earnings in February....
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