The Spectator

Full text of George Osborne’s 2013 Autumn statement

From our UK edition

listen to ‘George Osborne's Autumn Statement’ on Audioboo Mr Speaker, Britain’s economic plan is working. But the job is not done. We need to secure the economy for the long term. And the biggest risk to that comes from those who would abandon the plan. We seek a responsible recovery. One where we don’t squander the gains we’ve made, but go on taking the difficult decisions. One where we don’t repeat the mistakes of the past, but this time spot the debt bubbles before they threaten financial stability. A responsible recovery, where we don’t pretend we can make this nation better off by writing cheques to ourselves, and instead make the hard choices.

The 2013 Michael Heath Award for cartooning

From our UK edition

The winner of the first ever Michael Heath award for cartooning is Len Hawkins. One of his drawings appears below. He receives an original drawing by Michael Heath, a bottle of Spectator gin, a year-long contract with The Spectator and a pair of handmade shoes from John Lobb, who kindly sponsored the competition.

Letters: In defence of the Revd Paul Flowers, cyclists vs lorry drivers, and more

From our UK edition

Scandal at the Co-op Sir: Martin Vander Weyer makes a good point. The Revd Paul Flowers may be a flawed individual, but he is not responsible for Co-op Bank’s woes (Any Other Business, 23 November). His appointment might be symptomatic of a complacency about ‘good’ and ‘bad’ banking that suited certain politicians, but surely now we need a full inquiry into the Lloyds takeover of HBOS and the Co-op takeover of Britannia. I would also like to see the terms compared to the Santander acquisition of Bradford & Bingley. The true scandal is the collusion of politicians, regulators and senior bankers. In the meantime, I hope Paul Flowers gets the help he needs.