Politics

PMQs: teething troubles for Labour’s new fiscal policy

January 18, 2012
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Confusion over Ed Miliband's new fiscal position was exploited by David Cameron at prime minister's questions today. The Labour leader last week relaunched his leadership with a shift on the Government's cuts, all of which Ed Balls, the shadow chancellor, now says the Opposition accepts as a "starting point." After several exchanges on rising unemployment, David Cameron invited Miliband to offer "something constructive," to which the Opposition leader said Cameron "should change course." Appearing to revert back to his old rhetoric, Miliband added that the Government is cutting "too far and too fast." Cameron raised a laugh, including from Nick Clegg, when he said Miliband "is so incompetent he can't even do a U-turn properly." Miliband began confidently, clearly pleased with a policy change that may be wise in the long term. But, at present, confusion remains.