Chancellor George Osborne gave a brilliant speech at the Tory Party Conference in Manchester,
spelling out the rationale behind the Budget Cuts and his determination to get Britain back on track
to creating jobs, helping small businesses thrive, and the nation to continue to maintain its status as
a nation governed by a fiscally responsible government. This went down very well with the markets,
where a loss of 120 points on the FTSE 100 earlier narrowed down to 70 points or so in appreciation
of the Chancellor's speech.
He also mentioned the PM's plans to create 200,000 new houses and thereby many thousands of
jobs in the construction industry.
He also touched upon the fact that the Conservatives plan to bring back the Right to Buy - that can
definitely a morale booster for many people, if suitable discounts are offered which will enable
people buy their dwellings and become owners. This will definitely unlock a lot of wealth and
creativity, as it did under Baroness Thatcher, bringing money to the councils and joy to the people
who live in council houses but would rather buy them, at a good discount.