George Osborne’s angry attack on BBC for fuelling anti-business culture

By
Amy Oliver

Last updated at 6:20 PM on 14th February 2012

Sleepless night: Chancellor George Osborne hit out at the BBC accusing it of undermining the economy following the warning that Britain may have its credit rating downgraded

Sleepless night: Chancellor George Osborne hit out at the BBC accusing it of undermining the economy following the warning that Britain may have its credit rating downgraded

The Chancellor today slammed the BBC for whipping up an anti-business culture following a warning that Britain’s credit rating may be downgraded.

In a rare outburst against the corporation, George Osborne argued the BBC sort to undermine the economy.

He then likened it to the women who gathered to watch executions during the French Revolution.

‘The BBC is often in the front row of the tumbrils, doing its
knitting when these things happen,’ he said, during an interview on Radio 4’s Today programme.

Mr Osborne has remained defiant over his economic policy despite the prospect that the UK could be stripped of its gold-plated AAA credit rating.

Thanks to the eurozone crisis and poor economic growth, Moody’s last night announced it was placing the UK on a ‘negative outlook’.

During the Today interview, Mr Osborne said the Moody’s warning had been a ‘reality check’ that ‘Britain cannot waver from dealing with its debts.’

The country’s weaker growth prospects had been ‘a challenge’ he admitted, before dismissing presenter John Humphreys who accused him of abandoning growth in favour of cuts.

Comparison: Mr Osborne likened the BBC to the women who gathered to watch executions during the French Revolution

Comparison: Mr Osborne likened the BBC to the women who gathered to watch executions during the French Revolution

Getting agitated Mr Osborne said: ‘The idea that I’ve abandoned growth is
nonsense. Of course I want growth. Of course I want to see unemployment
fall. That’s what I spend every day of my life trying to bring about.

‘But
the truth is this. If you don’t have confidence in a country’s ability
to pay its debts – as you have seen with plenty of other European
countries – then you get negative growth, rising unemployment and no
prospect of recovery.’

Later on he said an ‘anti-business’ culture had developed in the political system and the media, and that a ‘relentless diet of stories that we’re being ripped off by every single company in the country’ was dangerous because people would not want to come to Britain and invest.

He added: ‘We have got to celebrate business success, entrepreneurs and entrepreneurship. If the only story you hear reported
about business is essentially an anti-business story then you are going
to create an anti-business story in Britain.’

Sounding the death knell? Credit rating agency Moody's last night announced it was placing the UK on a 'negative outlook'

Sounding the death knell? Credit rating agency Moody’s last night announced it was placing the UK on a ‘negative outlook’

Table showing the long-term sovereign debt ratings of U.S. Japan and Euro zone countries

Mr Osborne had earlier insisted the government was ‘pro-business’ and had cut business taxes in order to make Britain an ‘attractive place to start a business, run a business and employ people’.

He also made a distinction between ‘sorting out the mess in the banking system and the relentless attack on anyone who makes any money out of a successful business and out of successfully employing people.’

The latter message was ‘dangerous’ for Britain, he added, because it would be put people off coming here and setting up their businesses.

Shadow chancellor Ed Balls said Moody’s statement was ‘a significant warning’ and urged the Government to spark economic growth.

He said: ‘Moody’s is clear in its statement that the primary reason for Britain’s negative outlook is ‘weaker growth prospects’ which are making it harder to get the deficit down.

‘With our economy now in reverse, unemployment at a 17-year high and £158 billion extra borrowing to pay for economic failure, the case for a change of course and a real plan for jobs and growth is growing by the day.’

Here’s what other readers have said. Why not add your thoughts,
or debate this issue live on our message boards.

The comments below have been moderated in advance.

Very apt George! There was a point to the French Revolution- all 8 of them!* A point lost on you and the rest of government.
* It was not one action but several, removal of heads till the governments ‘Got the point’!

The trouble with Osborne is he cannot justify his policies with intelligent argument and turns to patronising his interviwer and then when he struggles with the facts he changes to abuse. I fail to see that he can insist that he spends all of his time is devoted to creating growth. Plan A was quite easy to understand, cut spending on the Public Sector increasing unemployment by millions and the Private Sector would provide jobs. Unfortunately the simple plans of a simpleton have not worked. Osborne is so arrogant he cannot admit to being wrong so his response is more cuts and more unemployment.It is sad that his Oxford History Degree didn’t cover the Russian Revolution, the Great Depression and the origins of the Second World War. I assume that he only covered the History of Britain from 1979 to 1988. Gove needs to close down the University that gave this Cretin a Degree.

Why should the BBC be insulated from the real world by licence fee funding? Abolish the licence fee now! Let them earn their existence like other broadcasters.

Don’t the BBC understand that they,as a taxpayer funded brand,should be a propaganda arm for conservative governments,and also a scapegoat for a failing government,them as well as the EU,Eastern Europeans,foreign migrants,Sakozy,Merkel,Labour,ratings agencies,the weather,argentina,sean penn,judges,terrorists,old uncle tom cobley and all…………

The BBC has no right to undermine the economy,thats Osborne’s job.

The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline.

Views: 0

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes