It is always a sign that politicians are rattled when they start coming up with ludicrous explanations for ill thought-through decisions that stir up serious opposition. And you don’t get much more ludicrous than Lucy Powell’s claim that the government was forced into emergency spending cuts because of the risk of a run on the pound. Fear of a backlash from the City was – according to the leader of the Commons – the reason the decision to axe winter … read more »
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