The former Chancellor said Brits were feeling the squeeze due to a weaker pound, but refused to admit his predictions about the economy had yet to materialise
The former Chancellor, who campaigned relentless for us to Remain, said Brits were feeling the squeeze due to a weaker pound, but refused to admit his predictions about the economy had yet to materialise.
George Osborne called on Theresa May to commit to high speed rail in the North
Mr Osborne, who now edits the London Evening Standard newspaper, has today called on Theresa May to commit to building a high speed rail line between Liverpool and Hull.
He told Radio 4 this morning that the PM should put extra cash in infrastructure in the north of England to continue the Northern Powerhouse strategy he started when he was in office.
“They need to commit this autumn to the high speed rail links between the that will make the whole bigger the than the parts and attract business to the north,” he said.
“The Conservative party always needs to work hard to show the country that it cares about the whole country,” he added, warning the country cannot become a “one trick pony”.
In an article for the Financial Times, he wrote: “Far be it from me to offer advice to the prime minister on how to relaunch her premiership this autumn, but making this big commitment to the north at the Conservative conference in Manchester would not be a bad place to start.”
The former chancellor has repeatedly criticised Theresa May since he was sacked by her after the Brexit vote
George Osborne and Michael Gove were spotted watching an opera in Germany together earlier this month
And he refused to admit that his predictions about the economy had been mostly wrong.
He said: “The country is poorer… Those who are on holiday, when you go to the money changers, you get roughly a pound for a euro, that’s the way the global investment community has seen Brexit.
“They have made our country poorer relative to others.
“We have gone from being the fastest growing to one of the slowest growing.”
The International Trade Secretary Liam Fox has insisted the economy is “robust” – growth has slowed but we are still ahead of a number of other EU countries.
Mr Osborne also spoke out to back ministers’ intentions to seek a transitional deal after we leave the EU, insisting that Britain was “not ready to crash out of the EU in 2019”.
The pessimistic politician even claimed EU leaders have the upper hand in Brexit talks and it was a “basic error” to think that the EU need us more than we need them.
But he denied that he was a “sore loser” and was only speaking out after being sacked by Theresa May when she became PM last June.
His words come after the government issued a number of position papers this week in an attempt to try and clarify their thinking on Brexit issues.
Yesterday David Davis insisted British businesses that sell goods before we officially leave the EU should NOT face additional disruption after we leave.
And today ministers will demand that Brits be able to settle cross-border divorce and commercial disputes through out courts post-Brexit – much in the same way that we do now.
George Osborne sticks the knife into PM over disastrous election