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Watch Clarke beat Mandelson in first TV clash of the big beasts

A video preview of a battle of the big beasts - Clarke and Mandelson - that you can watch in full from 7pm tonight on Channel 4. The two big hitters clash on when cuts in spending should start and whether Britain has had the worst of the world recession. Clarke says Labour's debt will crush growth if repayments do not start soon. If we don't deal with the deficit, warns Clarke, Britain will crawl along at 0.1% - way behind France, Germany and other competitors.

More here.

Tim Montgomerie

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