John McDonnell: Victory.

John McDonnell: Victory.

Here’s something many commentators probably hope you’ll have missed: When George Osborne dropped his plan to put the budget in surplus by 2020 yesterday (Friday), he was doing so only two days after Jeremy Corbyn challenged David Cameron to do exactly that.

Labour’s shadow chancellor, John McDonnell, has claimed the U-turn as a Labour victory – and good for him.

It seems that, without the backstabbers and plotters in the so-called ‘Chicken Coup’ to slow them down, Labour’s top team is actually achieving results for the people.

160702 Fiscal rule


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