@GregHands I did say I'd buy you lunch. Job done!

— Danny Alexander (@dannyalexander) May 19, 2015

Though the national debt has actually risen from 60% of GDP to 80% of GDP, the deficit is bigger than Greece’s deficit and the IMF doesn’t believe Britain is on course to close the deficit by 2020. So there is even less money left than when Liam Byrne left his note…