One of Ed Balls’ big announcements during his speech on Monday was his call for the government to use £4bn of the money from the auction of the 4G mobile phone spectrum to build 100,000 affordable homes.
Even before he spoke, the Guido Fawkes blog was speculating that the shadow chancellor may have been tipped off that the government was going to do exactly this, and wanted to get out ahead of them and look like he was setting the agenda. According to Guido:
It’s well known that Balls still has ‘people’ inside the Treasury and there is plenty of speculation doing the rounds that he had got wind of the 4G auction goodies fund and has pulled a fast one on the chancellor.
Ed Balls’ speech to Labour conference was sweeping in its scope, taking in equalities, police, the NHS and education, and ending with a passage parading through Labour’s greatest hits. His passage on the post-war Labour government was stirring stuff:
Conference, our predecessors were elected that year to rebuild a country ravaged by conflict.
They faced even greater challenges than we face today: an economy enfeebled by war; a national debt double the size of ours today. And they made tough and unpopular decisions: to continue with rationing; to cut defence spending; and to introduce prescription charges.
But that Labour Cabinet also remained focussed on the long-term task ahead. And they learned from history and rejected the failed austerity of the 1930s.
And that meant they could put in place long-term reforms, enduring achievements, vital to our country’s future: the Beveridge report; new homes for heroes; the school leaving age raised; and, for the first time ever, a National Health Service free to all, based on need not ability to pay – over 60 years later, celebrated in our Olympics opening ceremony for all the world to see, still today the greatest health service in the world.