Socialist Worker

Osborne should phone a friend

Issue No. 2342

We’ve all been there. You get a letter from the mobile phone company that says you’re massively out of pocket.

George Osborne knows the feeling.

He got £2.34 billion from auctioning off frequencies for 4G broadband. But he was banking on getting £3.5 billion when he wrote his autumn statement.

The missing billion means that the deficit will have risen over 2012-3.

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Article information

The Troublemaker
Tue 26 Feb 2013, 16:52 GMT
Issue No. 2342
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