'Joke' Left for Successor Falls Flat Amid Money Woes

Summary

---

New Chief Secretary to the Treasury, David Laws, had a surprise from his predecessor waiting for him in his desk drawer - a note which admitted "there's no money left".

The pithy summary of the serious challenges facing the new power- sharing administration was left by outgoing Labour minister Liam Byrne. Treasury sources said the full text of the letter from Mr Byrne - dated April 6, the day Gordon Brown called the general election - was: "Dear Chief Secretary, I'm afraid there is no money. Kind regards - and good luck! Liam."

See the full content of this document

Extract

---

'Joke' Left for Successor Falls Flat Amid Money Woes

Mr Laws, MP for Yeovil...

See the full content of this document

---