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British Chancellor Rishi Sunak announces a 25% levy, a so-called windfall tax, on the profits of energy companies in order to help fund emergency economic support amid a cost of living crisis in the UK. The extra support includes increased welfare payments for low-income households, disabled people and pensioners, as well as a universal grant of £400 towards energy bills.
2022-05-26

Multiple cabinet members resign on the day of Johnson's ascension to premiership, or in the days preceding it, in response to Johnson's politics and views on Brexit, including Chancellor, Philip Hammond, Foreign Secretary, Jeremy Hunt, David Gauke, Sir Alan Duncan, Rory Stewart, Anne Milton, and Theresa May's de facto deputy the: Chancellor of the Duchy of Lancaster & Minister for the Cabinet Office, David Lidington.
2019-07-24

Iain Duncan Smith resigns his position as the United Kingdom's Secretary of State for Work and Pensions, in opposition to cuts in disability benefit proposed by George Osborne, the Chancellor of the Exchequer.
2016-03-18

In the United Kingdom, the unelected House of Lords, Parliament’s upper house, delays by three years reductions in tax credits paid to working people that would have cost affected families an average of £1,300 ($2,000) a year. This is the first major setback for George Osborne, Chancellor of the Exchequer, since the general election. Osborne said the government will "lessen" the impact of tax credit cuts for those affected, while vowing to press on with changes designed to save billions from welfare.
2015-10-26

Britain's Chancellor of the Exchequer, George Osborne, says that the finance ministers and central bankers of the G7 have agreed there must be co-ordinated action against tax evaders.
2013-05-11

Chancellor George Osborne tells the Inquiry that suggestions of a deal between the Conservative Party and Rupert Murdoch are "complete nonsense".
2012-06-11

The Chancellor of the Exchequer George Osborne delivers the 2011 United Kingdom budget.
2011-03-23

George Osborne, the United Kingdom Chancellor of the Exchequer, announces that the tax on bank profits will become permanent.
2011-02-8

Chancellor of the Exchequer George Osborne hails the results as proof that the economy is going through a steady recovery, but opposition Labour Party leader Ed Miliband asserts that the recent spending review and budget cuts will harm economic performance.
2010-10-26

George Osborne scraps Britain's financial regulator and grants new powers to the Bank of England.
2010-06-16