Unite: Osborne is no economic genius

Len McCluskey, Unite general secretary, questions George Osborne's economic nous:

"It is interesting to note the reports that there is rising tension between David Cameron and George Osborne about growth strategy – it is dawning on the prime minister that his friend is no economic genius.

"We need to boost domestic demand and one way to do this would be to cut the VAT rate, currently standing at 20%. But if people don't have confidence in their job security and are being continually hit by soaring household bills and energy costs, they are not going to go out and spend."