Speeches sourced from the Labour party’s online archive More…

Ed Balls MP, Labour's Shadow Chancellor, in response to George Osborne's u-turn on fuel duty, said:

“This is the fastest U-turn in history. Labour called for this help for families and businesses this morning and I welcome the fact the Chancellor backed down this afternoon.

“With U-turns on petrol, pasties, caravans, charities and churches, George Osborne's Budget is now in tatters - a truly omni-shambles of a Budget from a part-time Chancellor whose reputation is now badly damaged.

“But we now need to see a U-turn on the tax cut for millionaires and the tax rise on pensioners. And with Britain pushed into a double-dip recession, which means borrowing is now higher than last year, we need a U-turn on this Government's failed economic plan.”

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