"George Osborne urged to split into 'good' Chancellor and 'bad' Chancellor"

From The Scotsman:

Chancellor George Osborne is understood to be facing calls from a high-powered commission of MPs and Lords to split himself into a 'good' Chancellor and a 'bad' Chancellor. A draft copy of a report from the Parliamentary Commission on Public Finance is believed to have recommended breaking up the taxpayer-backed public liability.

The draft version of the highly-anticipated report from the commission was sent to its members in the last week and they have until Monday to read it through, with a final report due by the end of the month. The recommendation to split Osborne would be awkward for him, given the pressure to start reducing the public sector deficit before the 2015 election...

The move is also said to be favoured by the commission as a way of increasing potential investor confidence in the 'good' part of the Chancellor and improving his party's chances at the next general election.

The so-called 'bad' Chancellor would be held on to by the UK government, avoiding the need for a fire sale of the more toxic Coalition policies and will remain responsible for subsidising banks and house prices, steadily increasing taxes on output and employment and doubling the national debt every five years.

The 'good' Chancellor would play a key public role in the Conservatives' 2015 election campaign and he would highlight all his many positive achievements for the UK economy such as