We need to think deeply about whether we can sustain banks that are not only too big to fail, but potentially too big to bail. George Osborne More Quotes by George Osborne More Quotes From George Osborne We support the auto-enrolment but we have our doubts about the way the National Pension Scheme is going to be structured. George Osborne support doubt way You also want to look at how the tax system encourages and rewards pension saving. I have set as an ambition reversing the effects of Gordon Brown's tax raid which heralded the beginning of the age of responsibility. We are looking at some very specific tax measures on how we can encourage saving. George Osborne ambition responsibility age For example at the moment there is a compulsory requirement to buy an annuity. That is something we would get rid of. It puts some people off saving. George Osborne requirements example people One big theme for me is that we have got to move from an economy built on debt to one where we save and invest in the future. George Osborne debt economy moving I would also like to see children aged between 11 and 18 taught financial education in a structured way in schools. I would also say that that is not enough. You have also got to improve numeracy skills, mathematical skills in schools. George Osborne skills children school One of the big problems we have in this country is that not enough people understand how important it is to save, understand the details of credit card statements, to be able to compare different APRs and the like. I support the idea. George Osborne country people ideas We need a coalition in this country. A coalition of change. People who have had enough of this. George Osborne country people needs Whether [people] run their own business, work for a business, go out there, pay their taxes and see the money wasted, fed up with the money going to the next door neighbor sitting permanently on out of work benefits. There needs to be a coalition of change. George Osborne running doors people Why don't we save and invest in our future and start making the things that millions of Chinese consumers are going to want in the future. George Osborne our-future chinese want I'm fed up with Britain being condemned to this future where we borrow the Chinese in order to buy from the Chinese the things that they make for us. George Osborne feds chinese order We can help people. We have got to move this economy from its over-dependence on debt. People should have manageable debts, a manageable mortgage. George Osborne should-have people moving [Banks] have a clear obligation to help get this country off its addiction to debt because they sure as hell helped to get this country addicted to debt. George Osborne debt addiction country We have supported the banks, they should be supporting the economy now. George Osborne economy should We are pretty tough in saying for example if you've got unsecured debts and less than £25,000 that should not be an excuse for repossessing someone's home.That should not be allowed.You have got to help manage people through this process. I don't want to pretend that it is going to be easy getting out of Gordon Brown's hole. George Osborne example home people We have to be pretty tough with mortgage companies and say you have got to give people the chance to work out their debts, sort out future mortgages. George Osborne work-out giving people There is a big problem. The problem is the country borrowed too much. We went on a borrowing binge, there was a housing boom. You want to help people de-leverage and deal with those debts over time. George Osborne debt country people There are those people who don't want change. Well there needs to be a coalition for change amongst the hard-working mainstream majority of the country to crack on and sort out Britain's problems. George Osborne hard-work country people There are plenty of people who don't want change - the Labour Party, some of their militant trade union friends like Unite busy causing strikes at the very beginning of a fragile recovery. George Osborne recovery party people What I'm interested in is Britain projecting itself abroad, and through that its values and the things it holds dear. And I don't think you do that by refusing to talk to the world's second-largest economy [China]. In fact, that is positively counter-productive in my view. George Osborne views world thinking We are not today - although we remain vigilant - talking about a banking crisis, despite a very significant adjustment in financial markets. George Osborne company-news
