What is even more worrying still is George Osborne's breathtakingly complacent response to today's figures. This is a Chancellor who is in total denial.
Ed BallsIn 1925, when Britain went back to the gold standard, that was supported by the Conservative Party, the Labour Party, the Bank of England, the civil service, the CBI, the TUC, the Times, the Economist; that consensus was very strong.
Ed BallsSaddam Hussein was a horrible man, and I am pleased he is no longer running Iraq. But the war was wrong.
Ed Balls