Osborne was quizzed first on what he was doing to combat loan sharks who pray on poorer families in the run up to Christmas but he reminded MPs that the Conservatives were the party which introdunced payday lending caps.
Then it was Eagle's turn to put questions to the Chancellor. As she rose to ask her questions, a large cheer went up from the Labour backbench, indicating warm support for the deputy leader.
She began by asking whether families affected by the floods in Cumbria would receive government help quicker than during the winter 2012/13 floods of the Somerset Levels.
Osborne delivered a backhand compliment to Eagle about the warm appluase from her MPs, seeking to contrast that with their support for Corbyn, before telling the House he would find £50m to compensate affected families and businesses.
Eagle then used humour to lambast the Prime Minister about his ongoing tour of Europe to get leaders to agree to his renegotiation of Britian's EU membership and ended a long preamble, which included a dig at Cameron's use of a private jet, to ask: How's it going?
Eagle then displayed a lightness of touch by parodying Corbyn's 'people's question time' approach with a follow-up question on Europe, quoting "Donald of Brussels" which drew laughs from both sides of the House.
Eagle looking much better than Corbyn, then spoofs his letter approach, running hard on Europe #PMQs— Instinctif PP (@Instinctif_PP) December 9, 2015
It's a long time since #PMQs has been this much fun...— Michelle Di Leo (@michelledileo) December 9, 2015
Osborne continually sought to play up divisions within the Labour party during his moment at the desptach, even quoting Tony Blair writing that the current party is a tragedy but eagle was ready and quoted the former Labour Prime Minister as sayign that most people were "repulsed" by the idea of five more years of Tory rule.
The old style of #PMQs has definitely returned— PHA Public Affairs (@PHAPolitical) December 9, 2015
Osborne vs. Eagle. Eagle, prepared with Blair quote rebuttal, shut down anticipated Osborne criticism on current Labour party division #PMQs— Pagefield (@PagefieldLondon) December 9, 2015
Commentators regarded this week's PMQs as having caused more heat than light, but they enjoyed it all the same.
Osborne clearly unprepared for Eagle offensive on EU membership. Corbyn's absence harks back to old politics in a rambunctious #PMQs— Pagefield (@PagefieldLondon) December 9, 2015
Osborne authoritative, not quite Cameron's panache, Eagle a breath of fresh air though #PMQs— Instinctif PP (@Instinctif_PP) December 9, 2015