George Osborne, Shadow Chancellor, speech to The Conservative Party Conference 2009

The video discusses a conservative approach to improving Britain's financial situation by shifting from borrowing to saving. It highlights the importance of supporting a culture of saving and responsibility. A promise is made that only millionaires will pay inheritance tax, although the financial crisis has delayed its implementation. The commitment to this pledge remains for the duration of the Parliament.

What is the primary goal of the conservative approach mentioned in the video?

• To reduce taxes for everyone

• To shift from borrowing to saving

• To promote international trade

• To increase government spending

How does the video suggest supporting individuals?

• By providing loans

• By encouraging a culture of saving

• By reducing work hours

• By increasing wages

Who is expected to pay inheritance tax according to the promise made?

• Middle-class families

• Only millionaires

• Everyone

• No one

What impact does the financial crisis have on the budget priorities?

• It increases government spending

• It delays the inheritance tax promise

• It makes inheritance tax a priority

• It reduces the need for savings

When is the inheritance tax promise expected to be fulfilled?

• In the lifetime of the Parliament

• Immediately

• In the first budget

• Never