1615, Peter Hoskin: Welcome to the Coffee House team’s live blog of Brown’s press conference. You can watch proceedings by clicking here. Expect much ado about Mandy…
1622, PH: Fascinating footage, so far, of two unattended lecturns. Word is we can expect Brown and Darling to appear in around 10 minutes.
1624, PH: Scratch that – they’ve appeared now. Brown kicks off: “These are new times … we’re living through the first truly-international, financial crisis”. He says his reshuffle will help deal with these new times.
1626, PH: Brown outlines a reorganisation of government to deal with the economy. A new economic council will convene on Monday. Stephen Carter is to fill a new technology minister role.
1628, James Forsyth: Stephen Carter kicked upstairs to the Lords.
1631, PH: Darling now. Stuff on short-selling, deposits etc. that we’ve heard already.
1632, JF: Darling’s presence by Brown’s side shows how his stock has risen in recent weeks. His worst economic times in 60 years comment seems not to be a gaffe but a prescient warning.
1632, Fraser Nelson: Arise Lord (Stephen) Carter – emine-for-not-writing-your-memoirs.

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