David Cameron And George Osborne Re-Unite To Hail Austerity As ‘The Right Thing To Do’

Top Tories re-emerge to boast on Twitter and are lambasted.
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George Osborne and David Cameron in the Commons
PA Archive/PA Images

David Cameron and George Osborne, the political duo responsible for the post 2010 austerity drive, have reemerged to celebrate the UK hitting the public finance targets - two years late. 

Former Chancellor turned Evening Standard editor Osborne, who presided over unprecedented spending cuts and tax increases amounting to £110bn, marked the news on Twitter. 

The current budget deficit – the money borrowed by the government to fund day-to-day spending rather than long-term investment – hit a surplus in 2017, according to new Office for National Statistics data.

The public spending squeeze was supposed to see the UK hit that target two years ago. 

Osborne tweeted: “We got there in the end - a remarkable national effort. Thank you.” 

His former boss, Cameron, meanwhile, was quick to join in, adding that austerity had been “the right thing to do”.  

But it was not long before hundreds of people waded in to remind the pair of the human cost of their political agenda.

Homelessness has doubled since 2010, personal debt is at a record high of £13,900 as wages stagnated, and welfare was slashed dramatically. 

In the NHS, waiting lists have climbed to four million, A&E targets were regularly missed and around half a million people are still thought to be relying on food banks today. 

Labour MPs criticised Cameron and Osborne for the messages. 

Chancellor Phillip Hammond has said he has no plans to ease austerity. 

The upcoming Spring Statement is not expected to include any spending increases or tax changes.

A Treasury spokesperson has said: “We are making a success of reducing the deficit, which is down by more than three-quarters since 2010. But our national debt is still too high, and we must get debt falling to improve our economic resilience and reduce the burden on future generations.”