Ed balls

Ed dawn

[audioplayer src=”http://rss.acast.com/viewfrom22/edcouldstillwin/media.mp3″ title=”Dan Hodges and George Eaton discuss what will happen if Ed wins” startat=40] Listen [/audioplayer]What if Ed Miliband wins? His victory is still seen, especially by those on the right, as a near-impossibility — an event so improbable as to defy the laws of political gravity. But then again, we’re three weeks away from the general election and still the Conservatives still haven’t managed to establish a convincing lead. He might yet defy the bookies. And what then? Imagine it’s the morning of Friday 8 May. Prime Minister Miliband has just crossed the threshold of Downing Street, the famous door swinging shut behind him. What happens next? One

Ed Miliband couldn’t care less about education reform

The editor of The Spectator isn’t the only person thinking about the prospect of Ed Miliband becoming the next Prime Minister. Eighty educationalists have signed a letter in the Daily Mail today warning about the danger of a future Labour government curtailing academy freedoms. They’re concerned about Ed Miliband’s pledge that Labour would reintroduce ‘a proper local authority framework for all schools’ – which sounds a lot like placing all taxpayer-funded schools back under local authority control. The letter-writers flag up two freedoms they are particularly concerned about: the freedom that academies and free schools have to set their own pay and conditions and the freedom they have over the curriculum.

Steerpike

Labour’s non-dom millionaire donor stays silent over Ed’s proposals

Today Ed Miliband has announced with all guns blazing that the Labour party will abolish non-dom status if they are elected in May. The party has labelled the current non-dom tax rules as ‘ridiculous’. However, according to an interview Ed Balls gave earlier this year, cutting it would ‘cost Britain money’. Even if this is the case Labour doesn’t appear too rattled, seeing this as a moral point rather than just a financial one. Still, Mr S couldn’t help but recall the £5.1 million Labour accepted from the non-dom donor Lakshmi Mittal. The steel tycoon multi-millionaire is a British citizen with non-dom status as his company ArcelorMittal is largely based in Luxembourg. Steerpike has contacted Mittal to see what he makes

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Ed Balls on tape admitting his non-dom policy will ‘cost Britain money’

Oh dear – it looks like Labour’s new non-dom policy is unravelling already. Everyone knows that Ed Balls did not abolish non-dom status while in government because he knew that people would scarper. So it would lead to less revenue, less money from the rich – and, ergo, a greater share of the burden to be paid by the poor. So it sounds progressive, but is actually regressive. Balls now denies ever holding such a belief. But Mr S has come across an interview he gave to BBC Radio Leeds just 13 weeks ago:- listen to ‘Ed Balls in January: Abolishing non-dom status would ‘end up costing Britain money’’ on audioBoom  

Steerpike

Is Ed Balls running scared from debating George Osborne?

When Ed Balls appeared alongside George Osborne on the Andrew Marr Show earlier this year, the Shadow Chancellor told viewers how much he wanted to have a TV debate with the Chancellor. Balls was so keen that he made Osborne shake on a debate live on air. ‘In fact I’d like to go further,’ he cried. ‘George and I do not need the broadcasters to sort things out. George is not a coward.’ Indeed Osborne is not a coward, but could it be that Balls is a chicken? Mr S only asks as word reaches him that plans for a Chancellors’ debate this week have been shelved after Balls demanded

Lucy Powell confirms: debt-addicted Labour has no plan to balance the books

‘You aren’t listening to what I’m saying,’ said a rather rattled Lucy Powell, Labour’s election chief, whom the party put up for BBC Sunday Politics today. I suspect that, by now, she’ll have wished that we weren’t listening. Because in a commendable moment of candour, she admitted that the Labour Party intends to keep debt rising should it win power – and has no real deficit reduction strategy. Ms Powell dispensed with Ed Balls tricksy language and told it how it is. Here she is, talking to BBC Sunday Politics (11 mins in, after complaining about a ‘Paxo-style interview’). ‘Andrew Neil: You would borrow more, wouldn’t you? Andrew Neil: To bridge the deficit

David Cameron’s VAT pledge spells disaster for Labour’s new poster campaign

Ed Miliband had a disastrous PMQs today after the Labour leader claimed the Tories would raise VAT, only to have David Cameron deny that he would increase the tax. Besides leaving Miliband lost for words, Cameron’s pledge has also left a massive hole in Labour’s election campaign. It was only yesterday that Ed Balls unveiled a snazzy new poster, which contained a big ‘VAT’ swinging into a warning about the Tories’ plans. With their key line now discredited, will someone find a landfill stuffed with Labour posters in a few days time?

Voters won’t be able to make an informed choice in May

If there’s one major takeaway from this morning’s Budget interviews, it is that voters won’t get the opportunity to make as informed a choice as many would like in May. George Osborne refused to set out the detail of the £12 billion of welfare cuts he will make in the next Parliament and gave a classic politician’s answer on defence spending, which was that ‘we are promising to keep our country safe’. Meanwhile Ed Balls ended up telling the Today programme that he wouldn’t reverse anything from the Budget, claiming it was pretty ’empty’. He said what he was worried about were those spending cuts in what the OBR calls the ‘roller coaster’ planned for the next Parliament.

Are the Conservatives really running the most ‘positive possible campaign’?

While the nation is on tenterhooks for the 2015 Budget, the Tories have filled the news gap this morning with a new attack video. As you can watch above, Conservative HQ has dug up 18 year old TV footage from the Treasury, featuring Messrs Miliband, Balls and Brown promising to spend money wisely and keep unemployment down. As we now know, this didn’t quite go to plan so the Tories are keen to remind voters: ‘don’t let them do it again.’ This ad has been viewed just under 10,000 times, which is pretty good for a political video. The tone is one of an attack ad, crafted to scare voters away from Labour and the two Eds. The

How George Osborne got the Liberal Democrats to agree to an ‘interesting Budget’

George Osborne and Ed Balls have just done their pre-Budget interviews with Andrew Marr. The show, though, was dominated by talks of post-election deals rather than the contents of the Budget. Ed Balls said that Labour had ‘no need, no plan, no desire’ to do any kind of deal with the SNP. But, as Andrew Marr kept pointing out to him, he wouldn’t rule it out. While when George Osborne was asked about any kind of arrangement with Ukip, he simply took the opportunity to repeat the claim that ‘voting for Nigel Farage makes Ed Miliband the likely Prime Minister’. It was a pity, though, that more time wasn’t spent

The issue of the defence budget could force more Tory MPs to become rebels

One of the really striking claims that Ed Balls made in his speech today was that the Tories would end up cutting more from the defence budget than Labour. This is not the sort of thing that you’d expect to hear: Labour saying it would end up spending more on defence than the traditional party of the armed forces. The Shadow Chancellor said: ‘First of all, our cuts, in any part of public spending, are not going to go nowhere near the huge scale of defence cuts you are going to see under the Conservatives on the basis of these plans.’ Balls also said that it was ‘absolutely impossible on

Zac Goldsmith: How my dad saved Britain

In recent weeks Ed Balls has been offering a new reason to vote Labour: it was his party, he says, that saved Britain from joining the euro. Now, the shadow chancellor is free to say what he wants — and in a way, I’m pleased that he feels the need to convey such an impression. But the true story of how Britain was saved from the euro is somewhat different. It all happened nearly a generation ago, between 1995 and 1997, when I was in my very early twenties. It was my father, James Goldsmith, who set out to ensure that Britain would never join the euro without the consent

Ed Balls struggles to land punches in tax showdown with George Osborne

Naturally, when George Osborne and Ed Balls squared up in the Commons this afternoon for a showdown on the HSBC tax row, it wasn’t a particularly pretty affair. There was shouting, heckling, yowling – and the backbenchers were pretty aerated, too. Indeed, the Tories had turned up intending to throw the Shadow Chancellor off pace before he’d even started, shouting ‘ANSWER’ at him every time he tried to say a single word. Balls had clearly turned up thinking that dragging the Chancellor to the Commons to answer his urgent question was victory enough. But an urgent question is only a victory if the minister responding leaves the Chamber thinking that

Labour tries to resuscitate tax row

Presumably as a way of getting out of an endless debate about receipts, Ed Balls has issued a letter with some detailed questions about tax evasion and HSBC (as opposed to tax avoidance and window cleaners). The letter asks three questions: 1. Why has there only been one prosecution out of 1,100 names? Was the “selective prosecution policy” a decision made by Ministers? 2. When were you first made aware of these files, what action did you take and did you discuss it with the Prime Minister? 3. Why did you and David Cameron appoint Lord Green as a Conservative peer and Minister months after the government received these files?

Isabel Hardman

Labour’s tax fight turns scrappy

Well, those tax attacks worked out well, didn’t they? Tax avoidance is on the front pages of the newspapers, but not in a way that benefits either main political party. Even though George Osborne’s guide to minimising your tax bill has gone viral, Labour isn’t benefitting because it has ended up talking about receipts for hedge trimmers, not the activities of hedge funds. It was a wrong turn easily taken by Labour but one that makes week three of its tax avoidance row messy. Week one was messy partly down to Balls, too, after his ‘Bill Somebody’ interview, which fed the narrative that Labour was ‘anti-business’. Week two was better

Lord Green must answer for HSBC’s sins – but maybe it was always too big to manage

Stephen Green — the former trade minister Lord Green of Hurstpier-point, who became this week’s political punchbag— was always a rather Olympian, out-of-the-ordinary figure at HSBC. This was a bank that traditionally drew its top men from a corps of tough, non-intellectual, front-line overseas bankers typified by the chairmen before Green, Sir John Bond and Sir Willie Purves. As the dominant bank in Hong Kong and a market leader throughout Asia and the Middle East, it was habituated to dealing with customers who took big risks, hoarded cash when they had it, and did not necessarily regard paying tax as a civic duty. But if ethics were rarely discussed in

Labour finally starts to articulate its vision for British business

Why isn’t Ed Miliband at the British Chambers of Commerce annual conference? Ed Balls tried to defend his boss this morning as he arrived at the event, saying it was ‘getting a bit trivial’ to ask who was attending which conference. The Shadow Chancellor said: ‘Ed Miliband has spoken at this conference a number of times… They’ve got me and Chuka Umunna and this has been tabled and agreed for months and months and months. We’re setting out Labour’s position. As I said it’s the position of me and Ed and Chuka and the whole of the Labour party. Ed has spoken at the conference many times before.’ To be

Labour fights back on HSBC leak

After being told by the Tories that he has ‘questions to answer’ on the BBC story about HSBC, Ed Balls has decided to tell the Tories that they have ‘questions to answer’ on the story too. The Speaker has just granted Shabana Mahmood an urgent question in the Commons demanding that the Chancellor answer Labour’s questions about the story. The Shadow Chancellor said that ‘there are very serious questions for George Osborne and David Cameron to answer today’. His questions are why has there only been one prosecution out of 1,100 individual implicated in allegations about tax evasion and why Stephen Green, former Chairman of HSBC, was appointed a minister

Isabel Hardman

David Gauke: Ed Balls has questions to answer on HSBC leak

The HSBC tax dodge leak is from 2007, and so has nothing to do with the current government, sort of. Ministers have been defending the appointment of Stephen Green as trade minister. Green was boss at HSBC during the period that this leak relates to. But given Labour is trying to increase the political temperature on tax avoidance at the moment, the Tories have also been quite keen this morning to suggest that Ed Balls has questions to answer on this story, to be broadcast on Panorama tonight. Earlier this morning Financial Secretary to the Treasury David Gauke released this statement: ‘It is for HSBC to explain what they did