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City gives Osborne thumbs down

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City gives Osborne thumbs down

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The Conservative’s would-be finance minister George Osborne has receved a rebuff from a group of leading British bankers today with the news they prefer Labour’s current chancellor Alistair Darling.

The survey, published in today’s Financial Times, of 30 leading financial service executives condemns what they call Osbourne’s “bank-bashing…which is so far away from traditional Conservative values”.

In contrast Darling has won almost universal praise in the survey for his handling of the financial crisis, with comments praising his integrity, and coolness under pressure. Osborne is seen as untested, and his party’s expressed desire to begin budget cuts this year has already been criticised by international finance experts as being too soon, and threatening economic recovery.

The city of London is also making its voice heard on a more general level, insisting it is time all the three big parties come clean about their economic plans should they win on May the sixth. Despite the Liberal’s current standing in opinon polls, the survey did not mention their popular would-be finance minister, Vince Cable, at all.