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By Gillian Tett in New York
Published: December 19 2010 22:35 | Last updated: December 19 2010 22:35
Why has Britain managed to boldly go into fiscal territory which the US has hitherto ducked? That is the $800bn question hanging in the air in New York this weekend, after George Osborne, chancellor, visited the city.
During his whistle-stop tour, Mr Osborne met a host of Wall Street and New York luminaries, at a breakfast hosted by Tina Brown, the media icon, and a dinner arranged by Michael Bloomberg, the mayor. As he schmoozed he was greeted with emotions ranging from respect to rapturous applause.
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