Everything seems to be falling apart for poor old George Osborne. First, slowing growth meant that his spending plans needed a serious rework. The £27bn of wiggle room found last November has vanished, and by the time of his Budget, last week, he had £56bn less to play with. Then the Chancellor faced a rebellion from one of his own colleagues. Iain Duncan Smith, the former Secretary of State for Work and Pensions, resigned over cuts to benefits for the disabled. And then it was announced that cuts to the Personal Independence Payment (PIP) - a key disability benefit - would be reversed. The planned measure was ... (full story)