Osborne: Damaged?

So the Lords had their say and in spite of threats about constitutional crises inflicted not one, but two, defeats on the government. Politics is a curious occupation. Last week Osborne’s star was the brightest in the political firmament. Now it has all gone wrong. And it is entirely his fault for being too cocky. So are tax credits his poll tax? Probably not, but there is no doubting the colourful spin off. Boris looks a lot less like a busted flush today than he did at the same point last week.

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