Friday, 8 October 2010

Alan Johnson is shadow chancellor

Ed Miliband has found an interesting solution to the Ed Balls/Yvette Cooper dilemma by appointing Alan Johnson as shadow chancellor. Balls and Cooper both get senior posts, Balls as shadow home secretary and Cooper as shadow foreign secretary.

What is interesting about this appointment is that both Balls and Cooper were 'deficit deniers' in the sense that they thought that even halving the structural deficit over the lifetime of a Parliament was too stringent a target. Johnson is believed to have been aligned to the halving target, but it will be interesting to see what stance he takes now.

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