News Ed Balls denied the claim that he would go beyond a 50p top tax rate

Ed Balls could consider increasing the top rate of tax to 55p or even 60p if he became Chancellor, former Trade minister Digby Jones claimed today.

Geoffrey Spence appointed as new head of Infrastructure UK

Geoffrey Spence, a personal economic adviser to then chancellor Alistair Darling during the banking crisis, has been appointed to head up the Treasury body that oversees the UK’s infrastructure plan.

Leading article: The least of Ed Miliband's problems

Ed Miliband's decision to end elections to Labour's Shadow Cabinet is not his "Clause IV moment", as some have suggested.

Miliband leader speech draft leaked

A difficult week for Ed Miliband was capped today as Labour was hit with more embarrassing leaks.

Leading article: Protest has a role in fairness

It is in the nature of protest marches that they tend to be a reaction to decisions that have already been taken and are most unlikely to be reversed. Thus it was on the Day of Action in 1980, the People's March for Jobs in 1981 and 1983, the CND march against Polaris in October 1983 and, yes, even though the House of Commons had yet to go through the formal motions, the march against the Iraq war in February 2003.

Sean O'Grady: Also-ran has so far confounded all his critics

Only a short but eventful year ago, George Osborne was no one's idea of a chancellor. He routinely trailed Vince Cable and Alistair Darling in polls of the City, the public and business for competence. Mervyn King told the US ambassador he was worried by his lack of experience. Peter Mandelson identified poor George as the Tories' "weakest link"; dark rumours circulated that he would be replaced by the apparently full-of-mojo William Hague.

Leading article: A warning that needs to be heeded

When he succeeded Gordon Brown as Chancellor of the Exchequer in 2007, Alistair Darling was expecting a relatively quiet time at the Treasury. In the event, he was plunged into the most severe financial crisis since the First World War. Yet Mr Darling came out of the nightmare with his reputation enhanced.

Alistair Darling: We were two hours from the cashpoints running dry

The former Chancellor tells Andrew Grice how close we came to financial chaos – and why Osborne could push us back to the brink

Leading article: Economic contraction will have political consequences

Ed Balls, the shadow Chancellor, is on the verge of being able to claim vindication

Labour to 'pull together' after Johnson departure

Labour's shadow cabinet will "pull together" and leave behind the problems of the past following Alan Johnson's decision to quit frontline politics, Douglas Alexander has said.

The Sketch: Cameron won the bonus points and Eddie was left crouching

Ok, he's stopped touching his face. That's an improvement, it shows progress. At this rate he'll be ready to be prime minister when Sam Miliband comes of age (and pips his father to the vote while uncle David laughs).

Top banks sign up to tax code

The 15 biggest banks operating in the UK have adopted a Government code of practice on reducing tax avoidance, the Deputy Prime Minister, Nick Clegg, said yesterday.

Tom Watson MP criticises coalition tax u-turn on videogames

A Labour MP has accused the Coalition of putting jobs at risk in the videogame sector following its decision earlier this year to cancel proposed tax relief for the industry.

Tax rise adds £450m to 2011 holiday bill

Next month's increase in Air Passenger Duty (APD) will add £450m to the cost of holidays in 2011, according to Virgin Atlantic. The third increase in as many years will add £240 to the cost of a four-person holiday to the US, a 33 per cent rise from 2009.

Cuts will hit the poorest harder, claims think-tank

Coalition claims that the spending review was fair were dealt a heavy blow today when a leading economics think-tank insisted the cuts would hit the poorest harder than most of the better off.

Johnson urges tougher taxes on banks to boost public finances

Alan Johnson has said banks should be forced to pay another £3.5bn in tax to help avoid some of the huge cuts to public spending to be unveiled by the Coalition Government tomorrow.

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University Edible Garden, Leeds – a sustainable garden in the centre of the university, passers-by can help themselves to the home-grown produce
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Rock band Led Zeppelin in the early 1970s
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High-flyer: Chris Pratt in 'Guardians of the Galaxy'
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Van Gaal said that his challenge in taking over Bobby Robson's Barcelona team in 1993 has been easier than the task of resurrecting the current United side
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Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
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Save the tiger: The animals bred for bones on China’s tiger farms

The animals bred for bones on China’s tiger farms

The big cats kept in captivity to perform for paying audiences and then, when dead, their bodies used to fortify wine
A former custard factory, a Midlands bog and a Leeds cemetery all included in top 50 hidden spots in the UK

A former custard factory, a Midlands bog and a Leeds cemetery

Introducing the top 50 hidden spots in Britain
Ebola epidemic: Plagued by fear

Ebola epidemic: Plagued by fear

How a disease that has claimed fewer than 2,000 victims in its history has earned a place in the darkest corner of the public's imagination
Chris Pratt: From 'Parks and Recreation' to 'Guardians of the Galaxy'

From 'Parks and Recreation' to 'Guardians of the Galaxy'

He was homeless in Hawaii when he got his big break. Now the comic actor Chris Pratt is Hollywood's new favourite action star
How live cinema screenings can boost arts audiences

How live cinema screenings can boost arts audiences

Broadcasting plays and exhibitions to cinemas is a sure-fire box office smash
Shipping container hotels: Pop-up hotels filling a niche

Pop-up hotels filling a niche

Spending the night in a shipping container doesn't sound appealing, but these mobile crash pads are popping up at the summer's biggest events
Native American headdresses are not fashion accessories

Feather dust-up

A Canadian festival has banned Native American headwear. Haven't we been here before?
Boris Johnson's war on diesel

Boris Johnson's war on diesel

11m cars here run on diesel. It's seen as a greener alternative to unleaded petrol. So why is London's mayor on a crusade against the black pump?
5 best waterproof cameras

Splash and flash: 5 best waterproof cameras

Don't let water stop you taking snaps with one of these machines that will take you from the sand to meters deep
Louis van Gaal interview: Manchester United manager discusses tactics and rebuilding after the David Moyes era

Louis van Gaal interview

Manchester United manager discusses tactics and rebuilding after the David Moyes era
Will Gore: The goodwill shown by fans towards Alastair Cook will evaporate rapidly if India win the series

Will Gore: Outside Edge

The goodwill shown by fans towards Alastair Cook will evaporate rapidly if India win the series
The children were playing in the street with toy guns. The air strikes were tragically real

The air strikes were tragically real

The children were playing in the street with toy guns
Boozy, ignorant, intolerant, but very polite – The British, as others see us

Britain as others see us

Boozy, ignorant, intolerant, but very polite
How did our legends really begin?

How did our legends really begin?

Applying the theory of evolution to the world's many mythologies
Watch out: Lambrusco is back on the menu

Lambrusco is back on the menu

Naff Seventies corner-shop staple is this year's Aperol Spritz