The British economy is at risk of long-term damage due to the Government's dramatic deficit reduction plan, he will warn as he urges George Osborne to "change course".

The Shadow chancellor will today urge a rethink on the current plans to eliminate the structural deficit, warning that the consequences could be catastrophic.

http://www.telegraph.co.uk/finance/econo...uffer.html

Tories, tax cut? It aint going to happen.