Tag Archives: ed balls

Danny turns the tables on Balls on TV economy debates

On Sunday’s Andrew Marr show, Ed Balls caught the chancellor off guard when he all but forced him (in one of recent television history’s most awkward moments) to shake on an agreement to hold a television debate.

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Did Charlie Whelan really put his cigarette into Ed Balls’ coke can?

The Telegraph has unearthed an STV documentary on the early days of Labour in the Treasury in 1997. It makes fascinating watching for all sorts of reasons. It feels not unlike an episode of The Thick of It, with Ed Balls a bit like Ollie Reeder to Whelan’s Malcolm Tucker. Everyone looks so young, Gordon Brown particularly.  Ed Miliband has become significantly less geeky over time, too.

The Telegraph article is full of derision for Labour’s removal of regulatory powers from the Bank of England.  That principle seems fine to me, and fairly logical. If you give the bank the power to set interest rates independently, then you need to get someone else to do the regulation. Labour’s failure to build an effectively regulatory framework for the banks can’t be pinned on that.

There is an arrogance about the way they went about it. The Permanent Secretary of the time was clearly worried about all this change. If you are going to reform, you need to just get on and do it, but they did seem to be enjoying smashing the established order a little bit too much.

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Could this be the classiest political fundraising auction prize ever?

Maybe not.

Labour Students are having a dinner tonight. Their brochure is not quite as glossy as the Tories’ one from the other day. Nor is it filled with such jet set items as a bronze statuette of Margaret Thatcher that went for £210,000.

They do, however, stand to make over 1% of the price of the statuette with this auspicious item:

It’s good that the New Statesman is looking out to protect Balls’ interests:

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Could it really not be any clearer than this?

Ed Balls MP, Denton - (Labour Leadership Campaign) - 2010Defending the clarity of his party’s position on the deficit after forgetting to mention it in his speech, Ed Miliband said

Ed Balls talked this week about our approach on the deficit. I have talked about our approach on the deficit. No one should be in any doubt about my approach on the deficit.

My approach is clear – we are going to get the deficit down, we are going to get the debt falling and we could not be clearer about that.

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To OBR or not to OBR? That’s the manifesto audit question

libdemmanifesto 2010 wordleEd Balls wants it. Danny Alexander seems pretty keen on it, too. What is ‘it’? Asking the independent Office for Budget Responsibility (OBR) to audit the manifestos of political parties.

On the face of it, that’s a good idea. Transparency’s a good thing and surely the public deserve to know as much as possible before we cast our once-in-five-years ballot which decides the next government? The case in favour is persuasively put by Giles Wilkes, until recently a special adviser to Vince Cable who has seen the …

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Photo of the Day: Merkel addresses Parliament in German

German Chancellor, Angela Merkel, today delivered an historic address to both Houses of Parliament, hailing Germany’s “close partnership” with the UK, and making it clear she wants Britain to remain a strong voice in Europe.

Here’s the official photo of Clegg meeting Merkel:

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Who’s afraid of Scottish independence?

Saltire - St Andrews Flag - Scotland - Some rights reserved by byronv2The last month has seen the ‘Yes Scotland’ independence campaign take a battering.

First, Mark Carney raised doubts about Alex Salmond’s plans for a post-independence currency union between Scotland and the remainder of the UK.

This warning was echoed when, with more naked partisanship, George Osborne, Danny Alexander and Ed Balls teamed up to state they would each refuse to form such a currency union.

And then last Sunday, European Commission President Jose Manuel Barroso hammered in

Posted in Op-eds and Scotland | Also tagged , , , , , and | 33 Comments

Recent Comments

  • User AvatarJoeB 17th Mar - 2:14am
    Peter Martin, with all due respect, I would imagine that those Russians that experienced the financial crisis of 1998 losing all their domestic savings would...
  • User AvatarLorenzo Cherin 17th Mar - 12:08am
    David, yes, but she might have favoured an alliance, Corbyn does not !
  • User AvatarPaul Pettinger 16th Mar - 11:37pm
    @Andy, there are lots of people in other parties with a broadly similar outlook to ours. Some are in the Conservatives but, overall, there is...
  • User AvatarJennie 16th Mar - 10:11pm
    The memorial service for Joe Otten's selfie stick will be held in Sheffield soon
  • User AvatarDavid Raw 16th Mar - 10:02pm
    @ Lorenzo Cherin Liz Kendall ? An ally for Liberals ? For goodness sake, Lorenzo. Liz Kendall has always been massively in favour of the...
  • User AvatarPeter Martin 16th Mar - 9:14pm
    @ MichaelBG, "This makes 2.43 million." Right. But we can't assume they all voted leave.