Mr chancellor , who will today rule out a rise in VAT , was accused of ' tinkering ' He had suggested labour ’ s welfare benefits could be offset by taxes on rich . Was went on to the defensive taking questions from Sky News audience . One half of the public called on him to apologise for crashing economy . Ed Miliband has all - but guaranteed him chancellor ’ s job if Labour win election .
Mr Balls , who will today rule out a rise in VAT , was accused of 'tinkering ' He had suggested Britain ’ s budget deficit could be filled by taxes on rich . Was forced on to the defensive taking questions from Sky News audience . One member of the public called on him to apologise for crashing economy . Ed Miliband has all-but guaranteed him Chancellor ’ s job if Labour win election .