George Osborne announces radical devolution of business rates to local councils

The video discusses the Conservative government's recent history, focusing on George Osborne's plans for economic change through the devolution of business rates to local councils. It highlights the potential impact on local authorities, particularly Labour ones, and Osborne's vision for a changed economy and politics. The video also covers infrastructure plans and Osborne's leadership ambitions, with little mention of tax credit cuts.

What significant change regarding business rates was announced?

How does the speaker describe the relationship between local councils and business rates?

What vision does the speaker present for the economy and politics?

What role does Lord Adonis play in the context of infrastructure?

What is the speaker's stance on the tax credit cuts mentioned?