Labour’s new feud: Ed versus Ed

published 21 November 2013

The misdirected email from Torsten Henricson-Bell, Ed Miliband's chief economic adviser, describing Ed Balls' comments on the economy as a "nightmare", plays into the script of the two Eds being as "bitterly divided" as Tony Blair and Gordon Brown once were, says Rachel Sylvester in The Times. However, this is "oversimplistic".

True, there are tensions between the Opposition Leader and the Shadow Chancellor, both personal and ideological. Balls has been described as "John Prescott with a Harvard degree", while Miliband is shyer and less laddish. On policy, "substantive" differences exist. Miliband wants to create a new, more responsible capitalism; Balls has a more traditional New Labour attitude and "worries about alienating business and distorting the market". But theirs is "not the only dynamic that matters". More than 30% of the Shadow Cabinet the clean skins' were not in Parliament at the last election. The party has entered a multipolar' world with various centres of influence, meaning there is "much less chance of mutually assured destruction".

Meanwhile, the revelation that there are tensions between the two Eds over Labour economic policy is not exactly news, and the main response from Labour has been one of relief, says Dan Hodges in The Daily Telegraph specifically, relief that the email emerged by accident and does not seem to "presage the start of an all-out briefing war". A spokesman for Miliband took the opportunity to reiterate Balls' cost of living argument, saying "Ed Balls is entirely right". Nonetheless, the emails show that Balls has a real ability to "get under the skin" of Miliband and his inner circle. They also reveal that Labour's senior team is highly aware of "the danger the issue of the economy poses to their election chances".

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

What danger? asks Benedict Brogan in The Daily Telegraph. On the basis of Labour's record inpower and its mistakes in Opposition, the "economic case" against Balls and Miliband "appears unanswerable", yet voters appear indifferent to the "detail of the economic policy argument". Miliband's "well-played tunes over an energy-price freeze, nasty plutocrats and more free money for poor people are having an effect". The polls give Labour an eight-point lead over the Tories. Not even the scandal over the former Co-op Bank chairman and minor Labour party figure Paul Flowers a "crack-smoking churchman" who boasted of throwing "drug-fuelled gay orgies" (see page 46) has been able to scratch Labour's Teflon. This is baffling. Maybe the "solution to the Opposition's current success lies with the Tories". The "real question underlying politics" is not why Labour is doing so well, but why the Tories are doing so badly.

Emily has worked as a journalist for more than thirty years and was formerly Assistant Editor of MoneyWeek, which she helped launch in 2000. Prior to this, she was Deputy Features Editor of The Times and a Commissioning Editor for The Independent on Sunday and The Daily Telegraph. She has written for most of the national newspapers including The Times, the Daily and Sunday Telegraph, The Evening Standard and The Daily Mail, She interviewed celebrities weekly for The Sunday Telegraph and wrote a regular column for The Evening Standard. As Political Editor of MoneyWeek, Emily has covered subjects from Brexit to the Gaza war.

Aside from her writing, Emily trained as Nutritional Therapist following her son's diagnosis with Type 1 diabetes in 2011 and now works as a practitioner for Nature Doc, offering one-to-one consultations and running workshops in Oxfordshire.