Watch George Osborne say in 2007 that the Tories would match Labour spending

The Conservatives have regularly said that the 2008 financial crash was caused by Labour’s spending – ignoring the facts which say that it was down to lack of regulation of the banks. That’s something Osborne’s own Permanent Secretary now acknowledges.

Yet a fact Labour have pointed out time and again – and the Tories have conveniently ignored – is that the Conservatives backed Labour’s spending plans.

Here’s proof of George Osborne, then Shadow Chancellor, saying exactly this in 2007:

Here’s that crucial line:

https://vine.co/v/eZzul56rlZW

More from LabourList

DONATE HERE

Proper journalism comes at a cost.

LabourList relies on donations from readers like you to continue our news, analysis and daily newsletter briefing. 

We don’t have party funding or billionaire owners. 

If you value what we do, set up a regular donation today.

DONATE HERE