Labour Chuka Spanner in Works
Credit where credit is due: Chuka may not be so hot on polling, but he has ruined Vince Cable’s week. The Social Market Foundation website has a heavy trail for Cable’s speech tomorrow lunchtime on reforming executive pay. So heavy that you might wonder why such an announcement was not being made to Parliament first. Well now it will have to be, as Cable’s shadow has been granted an Urgent Question forcing the Business Secretary to bring the announcement forward to this afternoon and give it to the proper audience – parliament. There goes the grid…








There are a lot of number floating around today regarding HS2. Tory spinners proudly say that the project will create 40,000 jobs. Given the woefully underestimated price tag is currently at £32 billion, it seems that the Tories have no problem with the taxpayer paying a cool £800,000 for each job. Given that the final cost is likely to be closer to £60 billion, the “expected” generation of £45 billion in “cash benefits for businesses around the country” looks equally shaky.











