Alan Johnson MP, Labour’s Shadow Chancellor, has said that Comprehensive Spending Review has already begun to unravel:

“This Spending Review is unravelling fast and revealing broken promises and empty words. Buried in the detail of the government’s plans are broken NHS promises by David Cameron, a squeeze on ...

Alan Johnson MP, Labour's Shadow Chancellor, today said George Osborne’s job cut plans could cost the taxpayer £8bn.

Mr Johnson has based his figures on the redundancy bill for the Ministry of Justice, where 14,000 staff are set to lose their jobs at a cost of £230m ...

Shadow Chancellor Alan Johnson MP responding to the latest GDP figures said:

"Today's figures show that growth has slowed in third quarter of this year.

“They also show that momentum remains from Labour's support for the economy - especially the construction sector.

“The risk going forward is that the ...

Check Against Delivery

Alan Johnson MP, Labour's Shadow Chancellor, said today in a speech at the Royal Society of Arts:

The American writer, Tom Woolfe, once said “a Liberal is a Conservative who’s been arrested.”

I suppose a modern inversion would be that a Conservative is a Liberal ...

Shadow Chancellor Alan Johnson responding to the G20 Summit communiqué said:

"Two years ago the world's leaders showed that they could act together in the face of an economic crisis. Those risks remain, but this week's G20 summit has made painfully clear that the momentum behind necessary cooperation ...

Alan Johnson said in response to the OBR's supplementary forecast information today that the coalition's VAT rise will reduce the level of real GDP in 2011/12:

"David Cameron promised he wouldn't raise VAT because it hits the poorest hardest. He broke that promise. Now the independent ...

Alan Johnson MP, Labour’s Shadow Chancellor, commenting on the Office of Budget Responsibility's forecast, said:

"The OBR's forecast for a weak recovery reminds us all of the risks this government has chosen to take with the economy.

“Growth forecasts have been cut for the next two years ...

Alan Johnson MP, Labour’s Shadow Chancellor, responding to the news that Sir Gus O'Donnell is advising the Government to look at a plan B on the economy, said:

"Even David Cameron's top civil servant thinks he needs a plan B on the economy. The truth is he ...

Alan Johnson MP, Labour’s Shadow Chancellor, responding to Nick Clegg’s “warning” on bankers’ bonuses, and the news that the Government has been encouraging its MEPs to water down rules on bankers bonuses, said:

 “Nick Clegg’s hot air on bankers’ bonuses is designed to rehabilitate a tarnished reputation ...

Alan Johnson MP, Labour’s Shadow Chancellor of the Exchequer, on the cancelling of George Osborne and Vince Cable's meeting on bankers' bonuses, said:
 
"It's no wonder the meeting on bankers' bonuses has been called off - all the Tory-led Government has to offer is hot air. George Osborne ...

Alan Johnson MP, Labour's Shadow Chancellor of the Exchequer, responding to the public sector borrowing figures published today said:
 
"Today's record borrowing figures show that when it comes to getting the deficit down, growth matters. That's why the impact of this Tory-led Government's austerity rhetoric on ...

Alan Johnson MP, Labour's Shadow Chancellor, said in response to David Cameron's attempt today to defend the VAT rise:

"David Cameron has tried to cover for his Chancellor and ended up sounding foolish.

"VAT is clearly a regressive tax.

"The Prime Minister should come clean, stop playing games ...

In response to BBC reports that the Government are reconciled to British-based banks paying out billions in bonuses Labour's Shadow Chancellor, Alan Johnson, said:

"Another week, another broken promise from this Government. For all the warm words, all the meetings, all the posturing in the coalition agreement, they've ...