Chancellors scrap over 'millionaire buddies', banks and long-term care

Katrina Lloyd
clock

Alistair Darling, George Osborne and Vince Cable have kicked off the election campaign with a live televised debate on the economy which saw them trading blows on issues including the national debt, financial services regulation and long term care.

Liberal Democrat shadow chancellor Vince Cable appeared to win over the studio audience and received the biggest cheer of the night when he accused the Tories of wanting another shot in Government to reward their rich backers". He also added some much needed colour to the debate by saying the country must be prepared to tax the most wealthy and should not be held hostage by "pin-striped Scargills" threatening to leave the country. Support by the audience for Chancellor Darling and the Shadow Chancellor appeared more muted but there were nods of agreement from the audience when Osborne...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Four potential 'black swans' for 2025

Four potential 'black swans' for 2025

'Four unlikely but nonetheless plausible scenarios'

Nathan Sweeney
clock 03 January 2025 • 4 min read
What two pizzas tell us about Bitcoin

What two pizzas tell us about Bitcoin

Laszlo Hanyecz really needed a slice...

Laith Khalaf
clock 19 December 2024 • 6 min read
Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting

Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting

Bank of England MPC meeting due on Thursday

Sorin Dojan
clock 18 December 2024 • 3 min read