Ed balls

Will David Cameron be sticking his finger up at Ed Balls after the latest service sector figures?

Yesterday David Cameron told the Tory conference that he had a new gesture for Ed Balls – a finger pointing upwards to indicate a stream of positive figures on the economy. You can almost imagine him doing it today at his desk in Downing Street after reading the latest figures on the service sector. Markit/CIPS’ Purchasing Managers Index of activity recorded a level of 60.3, a slight decrease from August’s seven-year high of 60.5, but enough to give the UK’s best quarter for the services sector since 1997. Any number above 50 indicates growth. The level of growth, according to research from Citi’s Michael Saunders, could be consistent with an

Guido Fawkes to Damian McBride: Who’s spinning now?

When Gordon Brown eventually became aware that his Downing Street was about to be engulfed in the Smeargate scandal, he called Damian McBride to try to get to the bottom of the story. The latter recounts the conversation verbatim in Power Trip, his tell-all book dedicated ‘to Gordon, the greatest man I ever met’. Brown says: ‘OK, Damian, I need your word that you will tell me the truth. If the years we’ve worked together mean anything, I need your absolute word.’ ‘Yep, of course,’ McBride replies solemnly, ‘I give you my word, I promise I’ll tell the truth.’ ‘Right,’ says Brown, ‘firstly, is there anyone else in No. 10

Gordon Brown’s gossip girls

Brown’s boot boys had a reputation for political assassination, karaoke, and curry and lager. But if Damian McBride is to be believed, they’re really just a gaggle of gossiping girls. ‘How much of an appetite for gossip does Ed Miliband have then?’ Fraser Nelson asked of McBride for this week’s Spectator podcast. ‘He’s a bit like Gordon Brown,’ replied the repentant sinner/spinner: ‘He wouldn’t declare that he was interested in that kind of thing. But if you started saying to him ‘well I think so and so is going out with so and so’ amongst his officials he would go ‘really’ and want to hear about it.  …the worst of

Fraser Nelson

Damian McBride tells The Spectator: I spoke to Ed Balls every week

When the Damian McBride scandal blew up, Ed Balls was quick to distance himself from his former colleague saying he spoke to ‘Mr McBride’ once or twice and had dealings with him when they worked in Treasury but had not had much contact since. I remember Ben Brogan (then at the Mail) blogging: ‘Liar, liar, pants on fire’ (they have taken his blog down since). It summed up the reaction of most  at Westminster. The widespread assumption was that Damian McBride and Ed Balls were key members of a close-knit group of people (eight of them, I later found out) around Gordon Brown. McBride is a guest in this week’s

How the Tories made it easy for Labour on OBR announcement

Naturally, the leader’s speech is the most important part of the Labour conference, but the general feeling behind the scenes is that things are going pretty well. Sunday was a bit of a messy day, although strategists think the childcare announcements are still an overall win. But yesterday went extremely well – good speeches from Ed Balls and Chuka Umunna and only a little bit of chuntering from Len McCluskey. And the reason a lot of MPs feel it went particularly well is that the Tories played into their hands on Ed Balls’ announcement on the OBR. The Shadow Chancellor wasn’t just trying to improve trust in politics, as he

Ed Balls’ new plans would leave taxpayers with world’s highest childcare bill

Up until about 2004, the Labour government’s strategy of fighting poverty by concentrating on three priorities – government spending, government spending and government spending – had seemed to work rather well. On a number of measures, living standards of low- to middle-income earners showed notable improvements. But from then on, progress on this front suddenly came to a halt, or even went into reverse again on some measures. This was a bit of an embarrassment for advocates of a Greek-style approach to public spending, because during those years, they had largely gotten their way. Social spending in the UK had reached record levels, and with that potential largely exhausted, what

James Forsyth

Ed Balls asks: what else could Labour spend £50 billion on if it scrapped HS2?

Ed Balls has just taken the scalpel to HS2 in an interview with Steve Richards. He talked about the project having ‘huge fiscal implications’ and questioned whether the ‘benefits are really there’. He then went on to stress that the question was not just whether HS2 provided value for money, but whether it was the best use of £50 billion. As he emphasised, £50 billion could be used on other transport projects or new housing, hospitals and schools. One could see Balls gleefully contemplating just how much fiscal wriggle room cancelling HS2 would give him. Now, Balls did say that Labour had not reached a final decision on what to

The View from 22 podcast special: Labour’s money day

On the second day of Labour’s annual conference in Brighton, The Spectator’s Fraser Nelson, James Forsyth and Isabel Hardman discuss Ed Balls’ and Chuka Umunna’s speeches on the economy and business. We also spoke to shadow Chief Secretary to the Treasury Rachel Reeves about what she thought of Ed Balls’ speech. You can subscribe to the View from 22 through iTunes and have it delivered to your computer every week, or you can use the embedded player below: listen to ‘View from 22 conference special: Labour’s money day’ on Audioboo

Fraser Nelson

Analysis: Ed Balls is right on HS2, wrong on almost everything else

I will admit to a grudging admiration for Ed Balls. He’s wrong about most things, dangerously so. But his speeches are always well-considered, full of substance and usually part of a strategy that he keeps up for months if not years. For that reason, his speeches are always worth reading. This was a good speech, full of substance and forceful expositions of classic leftist errors. Aside from his bizarre towel joke, here’s what jumped out at me from his speech here at the Labour conference in Brighton:- 1. Back to the 1970s! Balls pledges to reverse reform and return to the pre-Blair Labour. Ed Balls was always against the Blair-era

Fraser Nelson

Audio: Ed Balls jokes about David Cameron’s ‘surprisingly small towel’.

As Ed Balls knows, people tend only to remember one thing about a speech. A word if you’re lucky, a sentence if you’re really lucky. Or an image. Perhaps he was relyijg on HS2 to grab the headlines because the image he conjured up for us today was David Cameron getting changed in the beach with a Micky Mouse towel: not a fat Prime Minister, you understand. Balls tells us that his wife, Yvette Cooper, was impressed at how “for a 46-year-old man, David Cameron looked rather slim. Slim? What on earth she mean? And here’s the Jim Davidson-style punchline: “I just thought for a Prime Minister, it was a

Isabel Hardman

Breaking: Ed Balls gives strongest indication yet he’ll drop support for HS2

Ed Balls is currently addressing the Labour conference, and we’ll post full analysis of his speech once he’s done. But as he continues, it’s worth highlighting that the Shadow Chancellor has just given his strongest indication yet that Labour will drop its support for HS2. He said: ‘David Cameron and George Osborne have made clear they will go full steam ahead with this project – no matter how much the costs spiral up and up. They seem willing to put their own pride and vanity above best value for money for the taxpayer. ‘Labour will not take this irresponsible approach. So let me be clear, in tough times – when there

Labour conference: Ed Balls to ask OBR to audit Labour spending plans

The cost of living may well appear to be a rich seam for the Labour party to mine, but it isn’t entirely risk-free. As shadow ministers talk about Expensive Things in their speeches and fringe discussions this week in Brighton, they will be aware that voters might sympathise with their theme without fully trusting that their party can fix the problem. The polls still show that voters believe the Tories are the most competent on the economy, and an easy riposte from government ministers could be ‘you stuck by us when we fixed the economy, now let us fix living standards’. The risk is that Labour appears to jump the

George Osborne is the king of ‘black holes’. So why does he attack Labour?

‘Labour plans have a £27 billion black hole,’ says the Sunday Times, quoting  analysis from George Osborne’s Treasury.  If true, that’s the first piece of good economic news we’ll have heard from Labour. Osborne’s black holes have been way, way bigger – well over £100 billion so far. In his excellent new book about journalese, Robert Hutton offers this definition of black hole: ‘A point in space so dense it creates a gravitational field so strong that not even light can escape. Or, in newspapers, a gap. Especially in finance, where it typically refers to any funding shortfall over £1 million.’ Parties love casting a slide rule over each other’s

The View from 22 – Ed Miliband’s last laugh, the IPCC’s latest climate change report, and Lib Dem party conference

Are the Tories right to see Ed Miliband as a joke? On this week’s Spectator cover, Peter Brookes has drawn Miliband as Wallace, with Ed Balls as his ‘Gromit’ sidekick. And on this week’s View from 22 podcast, presented by Fraser Nelson, he and The Telegraph’s Dan Hodges discuss whether people are right to dismiss him as a cartoon figure. Do Labour have any hope of winning the next election with Miliband as their leader? Meanwhile, the Intergovernmental Panel on Climate Change will be publishing their latest report next week, which appears to show that there has been no statistically significant rise over the past 16 years. Benny Peiser, of

Treasury questions: George Osborne takes aim at Labour’s record in opposition

Listen to Osborne and Balls’ exchange at Treasury questions here:- listen to ‘Osborne at Treasury Questions: ‘We’re enjoying this’’ on Audioboo ‘I hope this is not our last encounter across this despatch box,’ George Osborne said rather slyly to Ed Balls this morning at Treasury questions. ‘Because we are enjoying it.’ The Tories were in a good mood, because they’ve decided that they can now start to talk about the economic clouds lifting, and this means that they can say that everything Labour has ever said is wrong, wrong, wrong. ‘Cheer up Ed!’ Sajid Javid shouted cheerily at the shadow Chancellor as another Tory MP used their question to say

It’s time to be realistic about benefits. Wealthy pensioners need to be able to decline theirs

Universal pensioner benefits like the Winter Fuel Allowance (WFA) cost the Exchequer over £8 billion a year. This is not a massive sum compared to overall government expenditure but it is absurd that every pensioner gets WFA, even cash millionaires. We must face the fact that this is totally wrong. It is morally and economically wrong that lower-paid people are paying for the benefits of millionaires who are more than capable of paying their own fuel bills. In an ideal world we would stop handing out WFA to people who didn’t need it. But that’s not easy or cost-effective. So we need to look carefully at the WFA and other

Ed Balls: ‘There is no blank cheque for HS2’

Labour could use HS2 as an opportunity to show voters that it is fiscally responsible by announcing that as the project’s costs have spiralled out of control, it cannot back it. So runs the argument in favour of Ed Miliband dropping his party’s support for the project. The party’s transport shadow Maria Eagle has insisted today that high-speed rail remains a manifesto commitment for Labour, but Ed Balls has appeared on BBC News to drop what many are reading as some fairly heavy hints that his own support isn’t quite so rock-solid. listen to ‘Ed Balls on the growing economy and HS2’ on Audioboo

Mili no mates

If David Blunkett fancies being a kindly older mentor for the current Labour shadow cabinet, perhaps he could start by getting them all on television a little more, if only to say how great they think Ed Miliband is as party leader. As the summer has worn on and the Labour leader’s troubles have thickened like a sauce, the shadow cabinet seems to have evaporated, according to this analysis of the last time any of them pitched up on the airwaves: · Maria Eagle appeared on BBC News (13 August 2013) · Caroline Flint appeared on Daybreak (9 August 2013). · Owen Smith appeared on the Today Programme (7 August