Ignore George Osborne, Britain is still in deep trouble

George Osborne says ‘Britain is on the right track’. That’s nonsense, says Phil Oakley. The financial outlook is getting worse, the economy is still in trouble, and the rescue plan isn’t credible.

Above all else, George Osborne has always been a politician.

That's a shame because the country needs someone who knows a thing or two about economics. Osborne's claims today that "Britain is on the right track" don't stack up.

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Phil spent 13 years as an investment analyst for both stockbroking and fund management companies.

 

After graduating with a MSc in International Banking, Economics & Finance from Liverpool Business School in 1996, Phil went to work for BWD Rensburg, a Liverpool based investment manager. In 2001, he joined ABN AMRO as a transport analyst. After a brief spell as a food retail analyst, he spent five years with ABN's very successful UK Smaller Companies team where he covered engineering, transport and support services stocks.

 

In 2007, Phil joined Halbis Capital Management as a European equities analyst. He began writing for MoneyWeek in 2010.