This followed warnings
from shadow chancellor Ed Balls at last month's party conference that there would be «no blank cheque» for the # 42 billion project if costs escalated.
In a coordinated attack on Alex Salmond's credibility, the speech was backed up immediately by statements
from shadow chancellor Ed Balls and Liberal Democrat chief secretary to the Treasury Danny Alexander.
Signs that Labour infighting is starting up again as John Healey distances
himself from shadow chancellor's strong language
Ed Miliband should have sacked Balls
from the shadow chancellor position the day after the Heywood and Middleton by election, as he had planned.
The timing could not be worse for Corbyn and the suggestion
from his shadow chancellor that opponents somehow temporarily move to the backbenches to express criticism of the leaders is, at best naive, and at worst, completely ludicrous.
After coming out in support of the graduate tax during his leadership campaign, Mr Miliband's favoured policy was instantly destabilised by outspoken comments
from his shadow chancellor saying he still supported tuition fees, which he originally helped to bring in while in government.
Not exact matches
The
chancellor acknowledged the work of individual campaigners like
shadow minister Stella Creasy and Conservative backbencher Robin Walker, but refused to accept the policy had been driven
from opposition.
12:26 - A neat little dig against the
shadow chancellor Ed Balls
from Cameron there, who the PM claims is «wrong about everything, even when he's sitting down».
The
shadow chancellor confirmed reports that the state retirement age would rise to 66 ten years earlier than planned, saving # 13 billion a year
from 2016.
«I'm surprised the
shadow chancellor is shouting again this week because we learned last week like bullies all over the world» — instant uproar
from Tory MPs — «he can dish it out but HE CA N'T TAKE IT!»
Since the former
shadow chancellor smashed it on Strictly Come Dancing, transforming his public persona
from bad guy who broke the economy to the fun guy who nearly broke his dancing partner by dropping her on her face, politicians are looking for ways to be normal.
Karim Palant worked for Ed Balls as head of policy
from 2010 to 2015, overseeing policy development and liaising with business for the then
shadow chancellor.
The former
shadow chancellor, one of the highest profile victims of last year's Conservative election victory, will go
from allegations of being too left wing to allegations of having two left feet on the show.
In little over a year the former
shadow chancellor Ed Balls leaps
from being a defeated candidate...
The well - regarded Cooper - a former financial journalist, with an MSc in economics
from the LSE - had been touted by some in Westminster as a potential
shadow chancellor.
The
shadow chancellor appeared to differ
from his leader, who had been initially reluctant to blame the Kremlin for the ex-spy attack.
From 1994 to 1999, Balls served as economic adviser to Gordon Brown, during which period it emerged that he had written a key speech for the then
shadow chancellor that used the phrase «post-neoclassical endogenous growth theory».
11:56 - I wonder which of the following weak spots David Cameron will zero in on this week: Ed Miliband's contortions following the anti-Syria intervention vote, his
shadow chancellor's decision to slowly U-turn on austerity, or the fact the GMB are pulling their most of their funding
from the Labour party.
A Labour source told The Daily Telegraph in April that the
shadow chancellor «wants to take over
from Jeremy before 2020 and he's just watching the leadership crumble».
The Conservatives are considering offering three different tax cut proposals deesigned to help those suffering
from the effects of the credit crunch, the
shadow chancellor has said.
Dennis Skinner has been barred
from the House of Commons for the rest of the day after accusing
shadow chancellor George Osborne of taking drugs.
Among those benefiting
from the controversial plans to raise the tax threshold to # 2million are
shadow chancellor George Osborne, foreign secretary William Hague and Mr Cameron.
His tax plans, which have brought criticism
from both the prime minister, Tony Blair, and
shadow chancellor George Osborne propose a two pence cut in the basic rate, with the tax deficit supplemented by «green taxes» on vehicles and additional taxes for the rich.
As both Eds» know
from their time advising Gordon Brown in opposition, the effort involved for a
shadow chancellor to prepare for an election, is enormous.
The fact that we are still talking about this today shows that the
shadow chancellor's approach distracted attention
from Labour's core argument on the budget.
David Cameron's swipe at the
shadow chancellor - calling him a «muttering idiot» - was the latest in a series of sharp one - liners to MPs
from both sides of the House of Commons.
Danny Alexander, the
shadow foreign secretary, said Labour was not happy with the status quo but believed
from conversations with the German
chancellor, Angela Merkel, that reform was possible without the threat of a referendum hanging over talks.
High - profile members of that profession ejected
from their Commons seats on May 7 included business secretary Vince Cable, pensions minister Steve Webb, schools minister David Laws and — in a small - hour moment that signalled the turning tide —
shadow chancellor Ed Balls.
Ed Miliband is facing growing pressure
from all wings of the Labour party to face down his
shadow chancellor, Ed Balls, by backing a rise in national insurance contributions as a way to fund the NHS for future generations.
Meanwhile, the Tories appeared to be taking their cue
from The Sun's Harry Cole, who had seized on the fact that the
shadow chancellor's speech did not mention immigration.
Miss Reeves, who is deputy to Ed Balls, the
shadow chancellor, said Labour had no intention of increasing taxes on anyone apart
from those «right at the top» of the income scale.
Ed Balls is accused of cynicism for an about turn on public spending but the
shadow chancellor might just have saved Labour
from being branded the party of the public sector.
«The
shadow chancellor literally stood at the despatch box and read out
from Mao's Little Red Book.
The
shadow chancellor was booted off the show on Sunday after ten weeks, sparking a wave of praise
from across the political spectrum.
In response to the letter,
shadow chancellor John McDonell said it was right that Ms Shawcroft had quit the post, but said she did not need to also resign
from the NEC.
The
shadow chancellor also said he would reverse the effects of the government's move to end tax relief on pension funds, would abolish the national child trust fund for the rich and remove tax credits
from families earning more than # 50,000.
The
chancellor backed the scheme in his Tory party conference speech on Monday, but the
shadow chancellor said last week there would be no blank cheque
from Labour for the project.
[44][45] Abbott also denied reports Corbyn and
shadow chancellor John McDonnell were attempting to stop her
from making broadcasts.
All the day's political news as
chancellor seeks to stabilise economy, with more resignations expected
from Jeremy Corbyn's
shadow cabinet
They hope that current divisions will hasten his demise following several weeks of negative media coverage for the party, most recently
shadow chancellor John McDonnell's astonishing decision to quote
from Chairman Mao's Little Red Book.
Now leaving aside the hypocrisy of McDonnell's comments - he himself has repeatedly shared platforms with Tories on issues ranging
from airport expansion to closing Guantanamo Bay - it is incredible that the
shadow chancellor should choose Khan of all people to criticise at this moment.
Mr Deripaska was thrust into the UK limelight this week when allegations surfaced that
shadow chancellor George Osborne had solicited an illegal # 50,000 donation
from the tycoon.
The revelation that Cameron spends a couple of hours with his missus over the weekend has precipitated a bout of appalled derision
from the press and
shadow chancellor Ed Balls who, while acknowledging that politicians should be given time off to go to the toilet semi-occasionally, snuck a crafty one through the net by following it up with «But I often feel he's not on top of the issues.»
Perhaps the most revealing insight into the modus operandi of the so - called Prince of Darkness comes
from his encounters with Osborne, at that time
shadow chancellor.
Winterton thought she was attending a meeting about
shadow chancellor elections when she was removed
from office to be replaced by Brown, Gordon Brown's former enforcer.
The prime minister defended Osborne, saying: «The
chancellor was announcing this tax reduction
from the dispatch box... He was actually here making the announcement and I have to say completely wrong - footing the
shadow chancellor.»
Other figures
from the Blair - Brown era may choose not to stand; Alistair Darling, the
shadow chancellor, has already said that he will not seek re-election, for example.
Uncut has learned,
from authoritative sources, that Alan Johnson will resign as
shadow chancellor tonight.
As Nick Watt notes, David Miliband's backbench intervention in a recent economic debate — I clocked it myself here — triggered speculation that he really ought to take over the
shadow chancellor's job
from Balls, who has what Stalinists used to call «a spoiled biography» — closely associated with the discredited regime of Gordon Brown.
The
shadow chancellor was investigated by Parliament's standards commissioner over his second home allowance after a complaint
from a Labour activist.