PM must guarantee minimum defence spending, says former RAF head

David Cameron must repair the damage to UK security by guaranteeing a minimum level of defence spending, the former head of the RAF has said.

David Cameron warns of more cuts – (many, many more, adds IFS)

Get ready for more cuts. That was the message delivered by David Cameron to the CBI’s annual conference when he warned that more savings would have to be found in the next parliament. Just how big those savings will need to be is still a matter of conjecture.

Ed Balls told to take clearer line on budget deficit

Shadow cabinet members are privately expressing concern that Ed Balls needs to adopt a more clearly defined position on the budget deficit after recent statements that have left many of them confused.

George Osborne is right not to be smug over GDP numbers

George Osborne's response to news that Britain has finally recovered all the ground lost in the recession of 2008 and 2009 was notably for its lack of crowing.