We Can't Be In The Business Of

Deficits Must Be Cut, Yes, But The Rush To Austerity Risks Undermining The Fragile Global Recovery.

On Top Of That, We Have A Healthy And Stable Economy And An End To The Boom And Bust That Characterised The Tory Years.

Tory Plans To Cut 'further And Faster' Would Wreck Recovery And Roll Back Labour's Many Successes.

We Were At The Stage Where In A Very Short Period Of Time, One Of The World's Biggest Banks Would Have To Shut The Door And Switch Off The Electricity.

The Key Thing That Went Wrong Was That A Culture Was Allowed To Develop Where The Relationship Between What People Did And What They Got Went Way Out Of Alignment, Especially At The Top End.