The mainstream media has been quick to dust-off the hackneyed cliché of the tanned, well-fed, well-paid train driver holding London to ransom at any opportunity to chisel money out of TfL. To describe the dispute in this way is to do a disservice to readers: fundamentally, it has little to do with the money on offer ... Read more.
I am calling for a people's quantitative easing - and asking my fellow candidates to join me in that call. The Bank of England must be given a new mandate to upgrade our economy to invest in new large scale housing, energy, transport and digital projects. This would give our economy a huge boost: upgrading our outdated infrastructure and creating over a million skilled jobs and genuine apprenticeships... But none of this was in the Budget. The Conservatives have chosen to keep on the path of managed decline. Read more.
If you have any lingering doubts about the difference the Liberal Democrats made in government over the last five years, the Budget policies announced by George Osborne this afternoon should dispel them. Just look at the choices Osborne makes without Nick Clegg and Danny Alexander to push him in another direction. At a time when 6.6million people in working families live in poverty, he's hitting some of the poorest and most vulnerable - and, incidentally, hardest-working - families by freezing working-age benefits, which amounts to a real terms cut of 11% over four years. Read more.