Ken Livingstone slams Labour’s ‘moral cowardice’

Ken Livingstone has risen once again from his political grave to criticise Labour’s ‘moral cowardice’ for borrowing through the boom rather than take difficult decisions with the public finances.

There’s something rather disorientating about hearing ‘Red Ken’ slam Gordon Brown for borrowing '£20bn a year'; but, nonetheless, these comments are a reminder that Brown's ghost and the crash still stalk the Labour movement. The Tories are happy to be facing Ed Balls and Ed Miliband, commonly regarded as the chief stokers on Brown's debt-fuelled ship, because the failures of the past live long in the memory. David Cameron’s speech at the Lord Mayor’s banquet on Monday night suggests that the Tories are planning to fight a classic election strategy: Labour's gruesome twosome will either borrow or tax their way through your wallet. Laugh