How the Liberal Democrats 'signed off' Conservative spending cuts for the next Parliament

Danny Alexander, the Chief Secretary to the Treasury (and the person chosen over Vince Cable as the party’s economics spokesman for the general election campaign) this morning has this to say about the Tories' plans: "There is no need to carrying on cutting spending after the books are balanced.

Autumn Statement: UK growth 'hides disappointing news'

Higher UK growth forecasts "hide some more disappointing news for the chancellor", warns the influential Institute for Fiscal Studies (IFS). It says the increased forecast is just a result of growth coming a bit sooner than had been expected.