Economic policy: Has Ed made a Balls up in berating Merv

18th February 2011

Balls is, of course, one of the people who as an adviser to Gordon Brown in 1997 helped devise and implement the whole independence policy in the first place.

However Balls' article has moved the Telegraph's deputy editor Benedict Brogan to say that it is Balls' attack that is actually jeopardising the independence of the bank.

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