Labour leaves 'gaping hole' in fiscal responsibility drive

Some of the Labour pledges are pretty clear; freezing rail fares, raising the minimum wage, childcare and tax credits and a few tax commitments on what they will and won't raise.

But the big thing at the heart of this is that they want to put fiscal responsibility front and centre in the manifesto - but the one thing it doesn't say is how quickly they will cut the deficit.

They are only saying as soon as possible and until we know how quickly they want to cut the deficit we don't know how much they are either going to raise taxes or cut spending over the next Parliament.

And that leaves a gaping hole at the centre of their economic credibility that the other parties will be tying to exploit.