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“… than a dozen barons filed into No11 from 5.30pm and were each granted two questions in which to pepper the Chancellor with demands in a bid to strong-arm him into eleventh-hour changes ahead of next Wednesday's Budget, the first of Andy Burnham's…”

“A Labour government in hock to the trades unions found itself under fierce fire on the foreign exchange markets with the pound in an uncontrollable fall and share prices in a downward spiral that seemed to presage the end of capitalism.”