Ben Pruchnie / Getty LONDON — Former Chancellor George Osborne had a secret plan to get rid of 1p and 2p coins, but was stopped by then-Prime Minister David Cameron who worried the move would harm the image of the Conservative party, according to The Guardian. Osborne reportedly came within weeks of scrapping coppers shortly after winning […]

Former Chancellor George Osborne thinks the government will be as good at protecting society from future technological developments as it was at solving Victorian London’s “horse shit” problem — which means, not very. Osborne appeared on a panel with “futurists,” tech staff, and academics in London on Tuesday night titled “A glimpse into the future?,” […]

Chancellor George Osborne is holding crunch talks with UK bank bosses to coordinate a “great national effort” in the wake of the Brexit vote. The Chancellor tweeted earlier this morning: Meeting major banks in Downing Street shortly to discuss response to referendum result. We need great national effort to steer UK through — George Osborne […]

REUTERS/Julian Simmonds/Pool Britain’s Chancellor of the Exchequer George Osborne hosts the annual Starlight Christmas Party at 11 Downing Street with Great British Bake off winner Nadiya Hussain (R) and Martha Hanlon (4), in London, December 15, 2015. Under-40s who open one of the new “Lifetime ISA” announced by the government in its latest budget could […]

Britain’s Chancellor George Osborne is delaying the planned sell-off of Lloyds Bank shares due to market turbulence. To be clear — he said the Treasury’s pledge to sell £2 billion ($ 2.8 billion) worth of shares in the publicly-owned bank at a 5% discount to the general public in one of the biggest privatisations in years would resume […]

Ben Pruchnie/Getty Images Chancellor of the Exchequer George Osborne speaks to journalists ahead of the spending review at Imperial College White City on November 9, 2015 in London, England. The UK’s public sector borrowing figures for November just came in and they’re much higher than expected. Britain borrowed £13.55 billion last month to keep public […]

REUTERS/Carl Court/Pool Britain’s Chancellor of the Exchequer George Osborne (L) talks with bricklaying supervisor Michael Hull during a visit to a housing development in South Ockendon in Essex, Britain November 26, 2015. Britain’s Chancellor George Osborne this week made housing one of his biggest priorities in the Autumn Statement, a bi-annual budget review. Osborne pledged […]

Carsten Koall/Getty Images British Chancellor of the Exchequer George Osborne laughing to the press on November 2, 2015 in Berlin, Germany. George Osborne just managed to turn what could have been an embarrassing u-turn into a bit of a triumph. Despite rolling back one of the major policies that he announced just five months ago, […]

Lintao Zhang/Getty Images Chinese Vice President Ma Kai (R) shakes hands with Chancellor of the Exchequer George Osborne (L) before the 7th China-UK strategic economic dialogue at Diaoyutai State Guesthouse on September 21, 2015 in Beijing, China. British Chancellor of the Exchequer George Osborne is in China, and he’s making a slightly risky move — […]