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Labour is committed to reducing the deficit in a fairer way. At a time when ordinary families face a cost-of-living crisis as prices rise faster than wages, there’s very little fairness to be found in this Government’s tax cut for the top 1... Continue to article
Words: Paul Waugh Photos: Paul Heartfield Jonathan Hill likes to live in the moment. “I’m not very good at thinking long term ahead or particularly looking backwards,” he says, as he sits back in an armchair, sipping tea in... Continue to article
Good morning everyone, thanks for coming. Today is about two things: 1. Getting the Conservative family together, to introduce some of our candidates. 2. And talking about our mission; what a Conservative majority would really mean... Continue to article
What is the Chancellor describing here during an event in Sydney? Or perhaps this is a new hand gesture to deploy against Ed Balls at Treasury Questions? The post Coffee Shots: Osborne invents new ges... Continue to article
As he prepares to respond to next month’s budget, Ed Balls is in a fighting mood. Continue to article
As he prepares to respond to next month’s budget, Ed Balls is in a fighting mood. Continue to article
Ed Balls said that if an Scotland kept the pound as their currency it would place an "unacceptable burden" on UK taxpayers. "Scotland is making a momentous decision this year whether to stay in our union or to leave. I firmly hope Scotl... Continue to article
It is a huge pleasure to be here with you tonight. And to be giving the Hugo Young Lecture. Hugo Young was a figure of great decency and integrity. He wrote beautifully and insightfully and gave journalism a good name. As Alan R... Continue to article
Prime minister David Cameron chairs a COBRA meeting on flooding in England Home secretary Theresa May makes an oral statement updating the Commons on the Hillsborough disaster (12.30) Chief Secretary to the Treasury Danny Alexander (1... Continue to article
Would he be break up the Treasury to curb the power of Ed Balls? Continue to article
Danny Alexander said Ed Balls' spending plans showed voters that Labour would go back to their old ways if they win power in 2015. "What we've looked at is the approach to borrowing that Ed Balls set out on Monday - he wants to balance t... Continue to article
Nearly a week after it was announced, Ed Ballss deficit plan is suddenly coming under attack. Continue to article
Being leader of the opposition is justifiably often regarded as the worst job in British politics, apart perhaps from being Secretary of State for Health. But at least the Health Secretary can do something, even if it is not very much.... Continue to article
The Chancellor has left the door open to cutting the top rate of tax from 45% to 40% after a heated exchange in the Commons. Ed Balls laid down a challenge to George Osborne at Treasury Questions, asking him to rule out a further cut in ... Continue to article
Ed Balls said George Osborne was not making the long-term reforms the economy needed to have a sustainable recovery. "It’s good to have some growth back finally. We’ve had three years of flatlining where the economy didn’t grow and final... Continue to article
Ed Balls’s confirmation that Labour would restore the 50p top rate of income tax has gone down badly with the small number of people who would be eligible to pay. It isn’t very popular with conservati... Continue to article
Ed Balls said the Shadow Cabinet had all had a chance to discuss the 50p top rate of tax proposal. "The whole Shadow Cabinet has been behind this since we’ve been exposing the 50p cut a year ago. Ed Miliband and I discussed this in the e... Continue to article
Labour MP Stella Creasy defended Ed Balls' proposals and said it was a "broader package on how we get our economy back on track". The Labour MP "This is about dealing with the deficit, this is about dealing with our economy," she told... Continue to article
Ed Balls claimed the Tory leadership knew "in their heart of hearts" that it was wrong to cut the top rate of tax. "They’re trying to claim that somehow they get that money back by other people volunteering to pay more tax, but as I said... Continue to article
Ed Balls would stand more chance of reducing the wealth gap were he to tax the rich on their property Continue to article
Ed Balls has been the object of widespread attack and ridicule since his weekend move to raise the top rate of tax to 50p. However, I am certain that the shadow chancellor is right to make his 50p ple... Continue to article
Mark Field said it would be "pretty difficult" for George Osborne to fill his deficit pledge. "I think the real problem we face in this country, Too few businesses man and politicians, since the global financial crash, have made the case... Continue to article
Seema Malhotra said the Conservatives were "running scared" on how economic statistics were being interpreted. "The Conservatives are really running scared in terms of how the growth figures in the economy are being perceived. George Osb... Continue to article
Nick Harvey said Ed Miliband would be making a "smarter political move" if he replaced Ed Balls with Alistair Darling. "Let’s be honest, Ed Balls is having what they would call on Hackney Marshes ‘a mare’ – his whole plan B thing didn’t ... Continue to article
Lord Digby Jones criticised Ed Balls' economic proposals saying "it's great politics but it's lousy economics". "I learnt a long time ago not to believe what politicians say but to watch what they do, it's their behaviour that tells you ... Continue to article
* Tax and spending * Ed Balls * Labour * Tax Toby Helm theguardian.com © 2014 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our ... Continue to article
Labour party press release The full text of Ed Balls' speech to the Fabian Society's Annual Conference Thanks to all of you for giving up your Saturday to be here today. The title of today’s conference is ‘Can Labour Change Britain... Continue to article
Labour party press release Labour to reverse Cameron's tax cut for people earning over £150,000 to get deficit down in a fairer way, Ed Balls announces The next Labour government will reverse David Cameron and George Osborne's tax cut... Continue to article
Words: Paul Waugh and Daniel Bond Photos: Paul Heartfield Sir John Armitt is nothing if not busy. On the day he meets The House, he’s already taken part in a lunchtime roundtable on infrastructure investment and done a stint at ... Continue to article
Ed Balls said a future Labour government would take action to shake up the banking system as soon as they come to power. "Of course, we’ve been in opposition since 2012 and therefore the implementation challenge…is really a question for ... Continue to article
Ed Miliband today pledged to break up Britain’s biggest banks as part of a bid to “turn the tide” on increasing concentration of power in the sector. In a speech this morning, he also said a Labour government would introduce a cap on banks... Continue to article
George Osborne today said Britain “can afford” an increase in the minimum wage, suggesting that he wanted the rate increased to at least £7 by 2015/16. Unions welcomed the comments, business groups did not, Labour accused the Chancellor... Continue to article
It is a great pleasure to be here to deliver my first keynote address as Shadow Housing Minister. I would like to thank you Mike (Quinton) and to the National House-Building Council for inviting me to speak to you today. Now in its 78th y... Continue to article
Allies of both Douglas Alexander and Ed Balls have denied claims in the Mail on Sunday this morning that the two men “had to be ‘dragged apart’” and “almost came to blows”. Continue to article
Tessa Jowell said she had "genuinely" not made up her mind on whether she would run for Mayor of London at the next election. "Yes, I do have my bus pass, and without going into too many of the details of just how old I am, which is a ma... Continue to article
Lord Ashcroft polling press release * 37% of 2010 Tories would not vote for the party tomorrow * Potential switchers prefer Cameron to Miliband but doubt Tories on fairness and public services * Linking economic growth and personal p... Continue to article
Nick Clegg has said shadow Chancellor Ed Balls is the only politician with whom he has a personal feud. Continue to article
While this plan for regaining Labour’s reputation for fiscal credibility has its flaws, at least there is now a plan Continue to article
Ed Balls fired back at George Osborne’s mockery of his piano playing at the Autumn Statement. As he appeared on the Jeremy Vine show to talk about taking up an instrument later in life, Balls came up with what can only be described as a ...
With just 18 days to go before the UK opens its doors to those Romanian and Buglarian migrants, Iain Duncan Smith’s new English language test is aimed at deterring ‘benefit tourism’. And with Brussels already locked in a dispute abo... Continue to article
Lord Myners said he was willing to suggest board members resign if his review into the Co-op led him to that conclusion. “I can say that if that’s the right conclusion. I need to do my work, I’m not going to pre-empt that but I’m not a s... Continue to article
In previous Parliaments it would be General Election speculation fever time, a will-they-won’t-they guessing game in which politicians and political pundits tried to predict if the Prime Minister would gamble the ranch, or at least the... Continue to article
If anyone has a video of Ed Balls and Yvette Cooper singing My Love at the PLP Xmas party......A duet to die for.
Ed Balls is voting dressed as Santa Claus. Not making this up.
Former chancellor Alistair Darling and Ed Balls have clashed over Labour's plans to deal with the deficit, the Guardian reports. Mr Darling will warn the party conference that they will lose credibility if they move away from his program of halving the deficit, while Mr Balls urges a slower pace of recovery.
Ed Balls has said George Osborne has "run out of excuses" as figures showed the UK had slipped into a double-dip recession.
Writing in the Daily Mirror, the Shadow Chancellor said yesterday was a "Black Wednesday" for families across the country, and that the current recession was "made in Downing Street by David Cameron and George Osborne".
He also said the Conservative Party had "arrogantly refused to listen" to warning about their deficit reduction plan and that families had a right to be angry.
The Treasury has been accused of failing to publicly disclose its plans to claw back £500m that was allocated for health spending this year. Ed Balls said that the "tax grab" on pensioners, referred to in the media as the 'granny tax', was "not the only hidden bombshell in the budget. David Cameron and George Osborne have silently taken half a billion pounds from the National Health Service". Figures published in the Budget show the Department of Health underspent its allocation by £900m this year and whilst £400m will be rolled over into this year's budget, the remaining £500m will be returned to the Treasury.
David Cameron has insisted the economy is “the biggest issue” for the Coalition and vowed to push for growth, but Ed Balls accused the Prime Minister of “doing nothing” for the economy.
After figures this week showed the UK is in a double-dip recession, Mr Cameron told the Andrew Marr Show: “This is the biggest issue for the Government... the biggest issue for the country, this is the thing that drives me.”
He added that ministers would "redouble all our efforts to make sure" that all the Government's programmes were delivering jobs and growth.
But Mr Balls accused the Prime Minister of empty rhetoric and said the Coalition’s policies had failed: “David Cameron today is saying the economy is the most important thing but he’s doing nothing about it. He’s nothing to say, his plan’s not working and he’s ploughing on regardless.”
The Shadow Chancellor earlier warned of a "lost decade" of slow economic growth and high unemployment if the Government does not change its plans for the economy. Speaking to the Observer, Mr Balls said: "I am not predicting years of recession, although we could well be in for a long 'lost decade'-style period of slow growth and high unemployment."
The Shadow Chancellor has accused George Osborne of being in “denial” about the “self-defeating extreme austerity” which he said is the reason why “Britain is stagnating while America is growing strongly”.
In a statement Ed Balls said: “Not only was last month’s botched Budget deeply unfair, it failed to come up with the plan for jobs and growth Britain desperately needs right now.”
Speaking ahead of this week’s growth figures for the first quarter of 2012 he predicted the country is likely to have grown by around 0.3% to 0.5% and he said such “sluggish growth” meant the UK economy has “barely grown at all over the last six months”.
“George Osborne’s economic mistakes mean this is now a slower recovery than even the 1930s depression. And unless he changes course I fear Britain could be set for a lost decade of slow growth – bumping along the bottom while other countries race ahead."
Ed Balls has said Gordon Brown will never be seen as a "great" Prime Minister. In a Times interview, the Shadow Chancellor maintained Mr Brown's leadership was "of monumental significance", but he was less keen to discuss his relationship with Ed Miliband. "Ed’s not going to agree with everything I want to do and I’m not going to agree with everything he wants,” he said.
10/03/2014 on World at One, BBC Radio 4
13/02/2014 on BBC News
31/01/2014 on Today, BBC Radio 4
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