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George Osborne’s speech had “nasty party” written all over it

The Chancellor's new policies might pass the Conservatives' "fairness test," but they are wrong headed, potentially driving more on to disability benefits and hitting small businesses

By Jay Elwes  

Is the election in Osborne's hands? Or is budget day just a distraction? © Isabel Infantes/EMPICS Entertainment

George Osborne’s speech to the Conservative Conference here today in Birmingham made clear that the £100bn of cuts he has enacted since 2010 are just the start.

“Eliminating the deficit requires a further £25bn of permanent public expenditure savings or new taxes,” said the Chancellor. This £25bn in savings would be found in the course of the next Parliament.

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