Today's must-read is Jeff Randall in Telegraph Business, on a new book also flagged up by Nick Cohen in the Observer. Key quote: "In 10 years, Labour has spent about £1trillion - that's £1,000,000,000,000 - more than would have been the case, inflation adjusted, if government spending had been held at 1997-98 levels. That's about £50,000 for every household." The book, 'Squandered - How Gordon Brown is wasting over one trillion pounds of our money, is by David Craig. Well worth investing £8.99, I should think.