A-minus, Chancellor.(George Osborne)(Brief article)

Although he did not pay quite as much attention as we had hoped, we are pleased to see that the Chancellor learnt at least some of the important lessons we prepared for him a fortnight ago in our issue entitled: 'How to Fix Britain'. Mr Osborne fell short of implementing Norman Tebbit's suggestion that he reduce fuel duty, but he did at least defer the 3.02p increase that was due to take effect in January. He also heeded Allister Heath on the need for an urgent review of planning law and took a line from Dominic Raab (our backbencher of the year) who begged him to defend employers against unfair dismissal claims.

But Osborne has fallen short of our A+ grade. Not because he's gone …