Ed Balls casts Brown shadow over cabinet
- 21 January 2011
The new Shadow Chancellor Ed Balls is arguably the Labour politician most associated with Gordon Brown.
Even before he was an MP or a Treasury minister but merely a Brown adviser, he was often sarcastically referred to as deputy Chancellor. That means among other things, he is also associated with just about every financial initiative taken during the Blair and Brown years, some of which are widely regarded as failures not least the system of financial regulation he helped create in 1997.
Balls is now in the role he has long coveted, well the Shadow version of it anyway.
- What has happened to food and energy prices and inflation in 2014?
- Both the Bank of England and the UK Public Finances are having a Mad Hatters Tea Party
- Invesco Perpetual's Mark Barnett on where UK equities go from here
- AstraZeneca gets a Pfizer boost
- Mindful Money's weekly share-tips: Sports Direct, Reed Elsevier, Unilever, William Hill and WPP
- Gap between investor income expectations and actual returns widens
- Consumer group Fairer Finance calls on banks and insurers to spare their customers the small print
- Despite greater pension freedom retirees are set to see their income collapse
- AstraZeneca shares jump 7% on the back of rumoured Pfizer takeover
- Men taking much more investment risk than women