The Osborne effect

Growth is now expected to be just 1.2 per cent in 2011.

Raise VAT to a record high of 20 per cent, spread the myth that Britain is on the "brink of bankruptcy", cut spending before the economy is out of the recovery phase (240,000 public sector jobs have been lost in the past year - three times as many as forecast) and don't be surprised if growth falls away.

The Treasury has just published its round-up of independent growth forecasts and the economy is now expected to grow by just 1.2 per cent this year. The graph below shows how forecasts have been continually revised downwards as growth has plummeted (the economy has grown by just 0.2 per cent in the last nine months).

Average of independent forecasts for 2011 growth


Source: Treasury.

Almost every developed country has had to slash its growth forecasts as the global economy has deteriorated but few more so than Britain. Of the G7 countries, only disaster-ravaged Japan has grown more slowly than the UK in the last 12 months. The conclusion is clear: plan A isn't working. The longer George Osborne remains in denial, the harder the eventual U-turn will be.

George Eaton is political editor of the New Statesman.

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En français, s'il vous plaît! EU lead negotiator wants to talk Brexit in French

C'est très difficile. 

In November 2015, after the Paris attacks, Theresa May said: "Nous sommes solidaires avec vous, nous sommes tous ensemble." ("We are in solidarity with you, we are all together.")

But now the Prime Minister might have to brush up her French and take it to a much higher level.

Reuters reports the EU's lead Brexit negotiator, Michel Barnier, would like to hold the talks in French, not English (an EU spokeswoman said no official language had been agreed). 

As for the Home office? Aucun commentaire.

But on Twitter, British social media users are finding it all très amusant.

In the UK, foreign language teaching has suffered from years of neglect. The government may regret this now . . .

Julia Rampen is the editor of The Staggers, The New Statesman's online rolling politics blog. She was previously deputy editor at Mirror Money Online and has worked as a financial journalist for several trade magazines.