Lord Lawson talks to Andrew Neil and Anita Anand on the Daily Politics show about the difficulties faced by the coalition government in making spending cuts this week. On the eve of the Comprehensive Spending Review, Lawson suggests that the cuts need to be tough and they need to happen now – whilst the impact of the new government’s influence is at its strongest.

Click on this link to watch the full Daily Politics show which includes coverage of the protest against the cuts outside Westminster today and Lord Lawson discussing the “history of incompetence” that has lead to the budget deficit.

The chancellor, George Osborne, will set out the government's four year public spending plans in the full Spending Review 2010 tomorrow at 12:30.

The full account of Lord Lawson's thoughts on the current global economic situation can be found in his new book Memoirs of a Tory Radical available now for £14.99 from Biteback.