Daily Archives: December 5, 2013

By Claer Barrett and Kiran Stacey

Last autumn, George Osborne came to the Commons to present his Autumn Statement against the backdrop of a stagnating economy and a recent credit downgrade. His speech was full of language about continuing with “Plan A” despite ongoing concern over whether it was working.

This year was very different. With massive increases in the OBR’s growth forecasts, this was in effect the chancellor’s victory speech: in his words “the plan is working”. But there were also plenty of warnings against voting for Labour instead.

Here’s a quick, fun, look at how the language has changed….

The Chancellor was keen to put a positive gloss on continuing austerity while the economy is picking up, promising to “fix the roof when the sun is shining”.

2013 = 2 mentions
2012 = 0 mentions

Armed with a rosy set of forecasts, the Chancellor was able to boast
confidently about his economic strategy: “The plan is working.”

2013 = 3 mentions
2012 = 0 mentions Read more >>

1. Forget the announcements

The net tax and spending measures are tiny compared with the forecasting changes to tax receipts. The purple bar on the right of this chart shows just how small the announcement are relative to the Office for Budget Responsibility’s forecasting changes. Read more >>