Liam Byrne better watch out if  he doesn’t want to be humiliated in the Shadow Cabinet elections. He botched his response to Danny Alexander’s cuts in the House this afternoon. Baldemort declared that the cuts announced were just 0.05% of government spending, apparently clearing Labour of running a scorched earth policy on the way out of office.

But the sums don’t quite add up. Two billion actually accounts for about 0.3%  of the some £650bn the government spends every year – six times higher than Byrne’s figure. And you wonder why they ran out of money…