Peter Hoskin

Brown’s press conference: live blog

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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