Pre-Budget Report

If there was a prize for political irrelevance, the speech of the hon. Member for Edinburgh, South (Nigel Griffiths) would get the accolade of the year. Significantly, his ““All Our Yesterdays”” way of looking at the economy managed to ignore one trend of the past few years: the build-up of debt that has left this country in a singularly difficult position when it comes to coping with the current economic downturn. If he wants to be honest about figures, he should not be so selective in those that he uses to make his case.