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.

Leading article: Ed Miliband: the next generation

Ed Miliband did not come to bury everything about New Labour in his conference speech in Manchester yesterday. But the new leader did come to bury the former government's most egregious mistakes. On Iraq, he admitted that "we were wrong". When it came to markets "we became naïve". On civil liberties "we seemed too casual".

Leading article: The hard work starts here

There is no rest for newly elected leaders. At the weekend, Ed Miliband scraped through in an emotionally draining contest to lead the Labour Party. But straightaway he faces two immense challenges. He must decide the composition of his Shadow Cabinet and also the strategy that he will adopt to oppose the Coalition Government over the coming years. The two challenges are inextricably connected.

Alistair Darling: 'Ed Miliband must keep Labour central'

Ed Miliband needs to keep Labour in the "centre ground of British politics" to win the next election, shadow chancellor Alistair Darling said today

Alistair Darling to attack Gordon Brown on deficit failure

Shadow chancellor Alistair Darling will launch a thinly-veiled attack on Gordon Brown today, saying Labour was defeated at the general election because it ignored the deficit.

Darling: Stubborn Brown cost Labour the election

Gordon Brown's refusal to admit to the need for spending cuts cost Labour the election, Alistair Darling suggested yesterday.

Straw backs Miliband in leadership race

David Miliband's hopes of being elected leader of the Labour Party were boosted yesterday when he was given the backing of Jack Straw.

The Third Man, By Peter Mandelson

Want an explosive insider view of New Labour? You had best wait for someone else's memoir, then…

Budget could lead to 1.3m extra job losses

The Treasury expects austerity measures in last week's Budget to drive up unemployment by as much as 1.3 million, according to leaked figures. As many as 600,000 jobs could be lost from the public sector and 700,000 from the private sector within the next five years.

Hamish McRae: The mountain that we all have to climb just got a little bit steeper

Not as bad as you thought, eh? Wait and see. Think of the next five years as a mountain that we as a country have to climb.

Public borrowing at a peak, says ONS, but tough Budget awaits

Government borrowing appears to have peaked, according to the Office for National Statistics. As George Osborne put the final touches to next week's emergency Budget yesterday, the ONS reported lower-than-expected figures for government borrowing, giving the Chancellor a handy windfall.

David Prosser: Osborne will have to look elsewhere for austerity affirmation

Outlook: A Chancellor seeking covering fire for a full-scale assault on public spending willnot find it in the OBR's pre-Budget report issued yesterday

Simon Carr: No hidden agenda? This is a big change

The Sketch: Darling demanded an apology. And they demanded more apologies, and no one apologised but everyone seemed to have enjoyed themselves.

Government waste group meets to seek cuts

The coalition is pushing ahead with efforts to slash the deficit today after George Osborne appealed for the public to help identify where cuts can be made.

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Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

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Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

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