Peter Hoskin

As shocks go, Politician Uses the Correct Statistic is not particularly electric stuff. But I was struck nonetheless by Cameron's claim in his speech earlier that, "we still have the fourth largest military budget in the world." You see, Gordon Brown used to exaggerate this figure by various sneaky methods – and so, by his account, we'd be second in the military spending league table, rather than around fifth. Whereas Cameron had it spot on. Here's what the latest top ten looks like, going off the best measurement that the Stockholm International Peace Research Institute knows (see their explanation here): On the face of it, this would appear to be a strong point against the claim that we underspend on defence. But it doesn't close the case.

Cleggologists will mark down the Deputy PM's speech today as a typical effort. There was basically nothing in it that was new – but Clegg still put it across with more punch, and more persuasively, than most of his colleagues could manage. All of the slogans and pre-announced policies added up to something that sounded, fleetingly, like a plan for growth. Although we'll still have to wait for Vince Cable's review to see the outlines of that plan shaded in. Clegg's main point was straightforward enough: that the government has to, and will, go beyond deficit reduction to stoke the embers of the British economy. He then ranged across everything from the national infrastructure to – a theme of this week – endowing the British workforce with skills.

The last few days have given us enough evidence for a new economic rule: the better the news about the economy, the less we'll see of Ed Balls. As Tim Montgomerie notes over at ConservativeHome, the shadow chancellor was plastered right across the airwaves when last week's growth figures were announced. This week – when the economic omens have been more encouraging – not so much. On Tuesday, as Fraser blogged, we had a record rise in manufacturing activity. Yesterday, there were heartening figures for the construction sector. And, today, the services sector has followed suit, with its strongest showing for eight months. Here's the graph for all three: Sterling has soared on today's news.

Yesterday's polls may seem like yesterday's news – but it's actually worth returning to YouGov's effort from, erm, yesterday. It contained some distinctive questions, and results, all set around the left-right spectrum. How left wing is the Labour party? How right wing is David Cameron? That sort of thing. Of course, as Anthony Wells has already pointed out, the old labels of "left" and "right" are of decreasing relevance nowadays. But they do still tell us something about popular perceptions of the parties and their leaders.

As Cairo smoulders, it's easy to forget about one of the most combustible ingredients in the Middle Eastern cocktail – Iran. Yet the threat still exists, as Tony Blair and Liam Fox have been keen to remind us. James Kirkup reports that the Defence Secretary has warned a Commons committee that Iran could have a nuclear device as soon as next year. Fox isn't the first to make the 2012 claim. The director of the CIA did so last year. And a recent article by the former UN weapons inspector David Albright and Andrea Stricker – which I arrived at via Jeffrey Goldberg – explains just how Iran might pull it off, in spite of recent setbacks: "Technically, Iran could decide to build a nuclear weapon now using the Natanz enrichment plant.

Nigel Lawson and Francis Maude are both interviewed in the Telegraph today, and the results are very different in each case. For his part, Lawson is in bombastic form – waxing sceptical on everything from the coalition to the Big Society. Whereas Maude is predictably more reserved and accepting. It's the Maude interview, though, that contains the most politically significant revelation. Namely, this: "Boris Johnson, privately backed by several Cabinet ministers, is leading the charge for tougher union laws. But Maude, a key player in the Coalition’s dealings with the public sector, is reluctant. Tightening Thatcher’s labour laws is a 'last resort' he says.

Other sites have already covered this week's opinion poll results, among them Labour's largest lead since September 2007 and the public's confusion over the Big Society. But there are a couple of findings that are worth dwelling on as we drift into the weekend: 1) Labour gaining ground in the blame game. Ok, so PoliticalBetting's Mike Smithson mentioned this a few days ago. But, here at Coffee House, we've translated the numbers into the graph below. It shows that, over recent YouGov polls, Labour have been slowly receiving less and less blame for the spending cuts, while the coalition are receiving more: Expected, perhaps – but still noteworthy, not least because of the obvious political implications. 2) Deficit deniers?