The inflexibility of George Osborne, the chancellor of the exchequer, is a political gift to the Labour opposition and Ed Balls, Labour’s new shadow chancellor. Just hoping for the best is simply irrational. The chancellor should plan for the worst, right now.

http://www.ft.com/cms/s/0/886ec5a8-2a52-11e0-b906-00144feab49a.html#axzz1CJcP…