Ten Things You Need to Know Today: Tuesday 13 Oct 2015

1. Labour to oppose Osborne’s surplus pledge

Shadow chancellor John McDonnell last night told Labour MPs that the party will now oppose Conservative measures to force future governments to run a budget surplus, just two weeks after he announced that Labour would back the plans. McDonnell says the U-turn underlines Labour’s anti-austerity position and was a matter of tactics not policy.

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