Ed Balls

After 50 years: where next for VAT?

From our UK edition

What is the appropriate act to mark the fiftieth anniversary of Value Added Tax in the UK? Are we celebrating? Surely not. Are we mourning? If only. But we should at least pause and reflect on the central role that VAT has played in our recent economic history.  The third largest source of tax revenue, forecast to deliver over £160 billion to the Exchequer this year, VAT has always been a cash-cow, but never without complaint. Most of the debates surrounding its introduction in 1973 focused simply on who and what should remain outside its claws. If you want an indication of what a different world this was, just look at Anthony Barber’s explanation to the Commons of the risks that the zero rate for children’s clothing could be misused.

With Ed Balls

From our UK edition

18 min listen

Ed Balls is an acclaimed broadcaster, writer, economist, professor and former politician who served as shadow chancellor from 2011 to 2015. On the podcast, he tells Lara and Liv about the importance of Sunday lunches growing up, his long history of making bespoke children's birthday cakes and the times he turned his campaign team into a makeshift kitchen staff. All this and more is documented in his new book Appetite, out now.

Dear Mary: How can I stop piling on the pounds after Strictly?

From our UK edition

From Ed Balls Q. I have been doing a lot of exercise over the past few weeks and I’ve lost well over a stone. Sadly my (full-time) exercise regime has just come to an enforced and rather abrupt halt. How do I stop just regaining all those pounds over Christmas? A. You are unlikely to have the time or willpower to continue with the full-time exercise regime which created this flattering new physique. Yet there is no reason why you can’t adapt the method Beach Boy Brian Wilson used to lose nine stone, which was to employ two full-time minders to simply block his access to the fridge. Your own minders could double as researchers or even personal trainers and in this way you may retain the svelter outline which suits you so well.

Looking for a Christmas dinner starter? Try my crab and Gruyère soufflé

From our UK edition

Cooking the Christmas dinner is my job in our house. And I love it. All those courses and juggling of logistics. The annual realisation that our oven is too small to cope with the scale of my ambitions. Ladling goose fat from the pan. And a family meal which — just once a year — can take as long as it needs to take, without kids rushing off to a rehearsal or to finish homework or even just to escape their relatives. Every year I like to try to something new. Most recently a rich and marzipan-y German cake called a stollen (lesson, don’t leave it too long in the oven — it dries out). The year before, a really proper beef gravy, starting from baking the bones, which was 36 hours brilliantly well spent.

Ed Balls’ Christmas Day starter recipe

From our UK edition

Cooking the Christmas dinner is my job in our house. And I love it. All those courses and juggling of logistics. The annual realisation that our oven is too small to cope with the scale of my ambitions. Ladling goose fat from the pan. And a family meal which — just once a year — can take as long as it needs to take, without kids rushing off to a rehearsal or to finish homework or even just to escape their relatives. Every year I like to try to something new. Most recently a rich and marzipan-y German cake called a stollen (lesson, don’t leave it too long in the oven — it dries out). The year before, a really proper beef gravy, starting from baking the bones, which was 36 hours brilliantly well spent.

No child left behind

From our UK edition

The Conservatives think that education is about selecting the lucky few, says Ed Balls. But there is no reason why excellence and opportunity shouldn’t be for all It’s just over a year since David Willetts made his thoughtful but ultimately fatal pronouncement: ‘academic selection entrenches advantage, it does not spread it’. Those nine words — anathema to most Conservatives — led to a civil war inside the party, a messy U-turn and the reshuffling of Mr Willetts to a new job. The issue of whether the Tories would change the law and support new grammar schools being built — such as the one being proposed in Buckinghamshire — remains unresolved.