Why Miliband hasn't guaranteed that Balls will be Chancellor

It would look presumptive to start naming his cabinet before the election and would put him under pressure to guarantee others their jobs.

In his interview on The Andrew Marr Show this morning, Ed Miliband again guaranteed that Ed Balls would be shadow chancellor at the time of the general election. Asked "is Ed Balls safe in his job at the moment?" he replied: "Ed Balls is doing a really good job and, absolutely, I've said that he's going to be the shadow chancellor going with me into the election". That should put an end to speculation that Alistair Darling could return to his old job after the Scottish independence referendum, or that Chuka Umunna or Rachel Reeves could be rapidly promoted. But some asked why Miliband didn't go further and pledge that Balls would serve as chancellor in a Labour government. Is he planning to replace him after May 2015? Is he holding out the post for the Lib Dems? The speculation goes on.

But as one Labour source pointed out to me this morning, there are two considerations that likely explain why Miliband chose not to give this guarantee. The first is that it would look "presumptive" for him to start announcing what jobs his shadow cabinet ministers will do in government (akin to "measuring up the curtains"). It would give the impression that Labour believes the voters have already made up their minds. The second is that guaranteeing Balls will serve as chancellor would inevitably lead to speculation about other top positions. Will Harriet Harman be deputy prime minister? Will Douglas Alexander be foreign secretary? Miliband can't have one rule for Balls and another for them. For these reasons, much as journalists may wish otherwise, don't expect Miliband to start naming his cabinet in advance of 7 May 2015.

Miliband went on to say of Balls: "People have their critics; the thing I'd say to you about Ed Balls? He's got a clear sense of what this economy needs, he's working with me on tackling the cost-of-living crisis that we face and he's got the toughness to stand up to lots of people who want more spending when actually it's going to be tough for Labour."

Ed Miliband and Ed Balls at the Labour conference in Brighton last year. Photograph: Getty Images.

George Eaton is political editor of the New Statesman.

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John Major's double warning for Theresa May

The former Tory Prime Minister broke his silence with a very loud rebuke. 

A month after the Prime Minister stood in Chatham House to set out plans for free trading, independent Britain, her predecessor John Major took the floor to puncture what he called "cheap rhetoric".

Standing to attention like a weather forecaster, the former Tory Prime Minister warned of political gales ahead that could break up the union, rattle Brexit negotiations and rot the bonds of trust between politicians and the public even further.

Major said that as he had been on the losing side of the referendum, he had kept silent since June:

“This evening I don't wish to argue that the European Union is perfect, plainly it isn't. Nor do I deny the economy has been more tranquil than expected since the decision to leave was taken. 

“But I do observe that we haven't yet left the European Union. And I watch with growing concern  that the British people have been led to expect a future that seems to be unreal and over-optimistic.”

A seasoned EU negotiator himself, he warned that achieving a trade deal within two years after triggering Article 50 was highly unlikely. Meanwhile, in foreign policy, a UK that abandoned the EU would have to become more dependent on an unpalatable Trumpian United States.

Like Tony Blair, another previous Prime Minister turned Brexit commentator, Major reminded the current occupant of No.10 that 48 per cent of the country voted Remain, and that opinion might “evolve” as the reality of Brexit became clear.

Unlike Blair, he did not call for a second referendum, stressing instead the role of Parliament. But neither did he rule it out.

That was the first warning. 

But it may be Major's second warning that turns out to be the most prescient. Major praised Theresa May's social policy, which he likened to his dream of a “classless society”. He focused his ire instead on those Brexiteers whose promises “are inflated beyond any reasonable expectation of delivery”. 

The Prime Minister understood this, he claimed, but at some point in the Brexit negotiations she will have to confront those who wish for total disengagement from Europe.

“Although today they be allies of the Prime Minister, the risk is tomorrow they may not,” he warned.

For these Brexiteers, the outcome of the Article 50 negotiations did not matter, he suggested, because they were already ideologically committed to an uncompromising version of free trade:

“Some of the most committed Brexit supporters wish to have a clean break and trade only under World Trade Organisation rules. This would include tariffs on goods with nothing to help services. This would not be a panacea for the UK  - it would be the worst possible outcome. 

“But to those who wish to see us go back to a deregulated low cost enterprise economy, it is an attractive option, and wholly consistent with their philosophy.”

There was, he argued, a choice to be made about the foundations of the economic model: “We cannot move to a radical enterprise economy without moving away from a welfare state. 

“Such a direction of policy, once understood by the public, would never command support.”

Major's view of Brexit seems to be a slow-motion car crash, but one where zealous free marketeers like Daniel Hannan are screaming “faster, faster”, on speaker phone. At the end of the day, it is the mainstream Tory party that will bear the brunt of the collision. 

Asked at the end of his speech whether he, like Margaret Thatcher during his premiership, was being a backseat driver, he cracked a smile. 

“I would have been very happy for Margaret to make one speech every eight months,” he said. As for today? No doubt Theresa May will be pleased to hear he is planning another speech on Scotland soon. 

Julia Rampen is the editor of The Staggers, The New Statesman's online rolling politics blog. She was previously deputy editor at Mirror Money Online and has worked as a financial journalist for several trade magazines.