Forget the economic gloom – Gideon is in charge!

Chancellor George Osborne is very pleased with himself at Treasury Questions - everyone's a winner in his fantasy Britain. Apart from the losers, of course

Parallel worlds, parallel lives. Where most of the UK sees a decline in manufacturing, lay-offs in the steel industry and widespread insecurity about the global economy, George Osborne sees only sunlit uplands, smiling faces and Hovis adverts. Yesterday belongs to him and we are so lucky to have him.

"The redundancies at Tata Steel are deeply regrettable," the chancellor said at Treasury questions, in a voice that expressed more a sense of acceptable collateral damage than regret. "But " " But George was in charge. A force for good and a force for change. While lesser mortals prepared to quake and quail at the World Economic Forum in Davos, the ibermensch knew no fear. Everything he touched turned to gold.

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