Exclusive video of infamous Treasury memo

One of the famous handover notes in political history - bearing the phrase "I'm afraid there is no money" - which was given to Yeovil MP David Laws at the start of the new Coalition Government will be shown for the first time on ITV News West Country tonight.

That note has never before been seen in public but today Mr Laws, the former Chief Secretary to the Treasury, showed it exclusively to our political correspondent Bob Constantine.

For the whole story tune in at 6pm tonight on ITV.

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'No money' note revealed

One of the famous handover notes in political history bearing the phrase "there's no money left" which was given to the Yeovil MP David Laws at the start of the new Coalition Government will be shown for the first time on ITV News West Country.