Brummer on why Balls should not be Chancellor

Alex Brummer writes in the Mail this morning on why Ed Balls will be a bad choice for Chancellor

When all was going swimmingly for Britain he took much of the credit and enjoyed being cast as a young pretender to future leadership of the Labour Party.
But as the gloss has come off Brown's economic stewardship with the onset of the credit crunch and the worst financial crisis since the Great Depression, many of the decisions taken by Brown, on the advice of Balls, have been exposed as serious errors.

For Alex his biggest failure was taking away the Bank of England from the regulation of the Banks which is widely seen as the part cause of the financial crisis as well as him playing a key role in

in the decision by Brown to raise £5billion of income used to fund youth unemployment by raiding defined salary pension schemes.