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This resignation came out of the blue late this afternoon. Its all on Sky News as we speak. This is a very bad blow for Labour to lose their high flying good guy Shadow Chancellor Alan Johnson.
The man has a mixture of excellent charisma, weight, and experience which will be mightily hard to replace on the frontbenches. In fact they have now replaced him, its been announced, with the non charismatic but earnest Ed Balls. Balls often spoken in the same breath as Gordon Brown so not ideal.
Labour cannot afford to lose guys like Johnson. Very bad break for Labour.
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