Budget 2011 Blog: The 3Rs man or iPod George?

So is George Osborne the 3Rs man - rescue, reform, and recovery - as he claims, or iPod George or Del Boy as Ed Miliband retorted? It depends on your politics of course, but what was clear was Osborne is keen to get over the message that ‘Britain is Open to Business'. He did his best to make the tax regime sound a little less complex and dangle a bit to everyone no matter whether they pay no tax or lots of tax. The non-doms get whacked with a £50,000 fee for living here 12 years, and he has not worked out whether he can tax their private jets yet. That one plays to the ‘bash the...