Liam Byrne, the former Chief Secretary to the Treasury, last week wrote a letter for his successor - the Liberal Democrat David Laws - stating: "Iâm afraid to tell you thereâs no money left.â Speaking at a press conference yesterday, Mr Laws said: "When I arrived at my desk on the very first day as Chief Secretary, I found a letter from the previous chief secretary to give me some advice, I assumed, on how I conduct myself over the months ahead. "Unfortunately, when I opened it, it was a one-sentence letter which simply said âDear Chief Secretary, Iâm afraid to tell you thereâs no money leftâ, which was honest but slightly less helpful advice than I had been expecting." http://business.timesonline.co.uk/tol/business/economics/article7128665.ece