As Labour confronts the deficit problem today, the shadow chancellor warns his shadow cabinet colleagues that they will make cuts every year.
Far from forgetting the deficit, Ed Miliband’s speech was weighed down by the burden of it. Gordon Brown should now use the political capital he has acquired from saving the Union to defend his economic record.
By repeatedly criticising the Chancellor for missing his deficit targets, the party risks reinforcing the impression that borrowing is always an economic ill.
Ed Balls set for revenge after 4G auction raises £1.16bn less than expected.