On the day the FT reveals that Mandelson is to “redraw [Labour’s] recession rhetoric”, the Times have this breaking story:
Lord Mandelson, the Business Secretary, has attacked the chairman and chief executive of Starbucks, the American coffee giant, in a foul-mouthed tirade for talking down the British economy.
Howard Schultz, who built the coffee chain which is now struggling in America, said in a television interview last night: “The concern for us is Western Europe and specifically the UK. The UK is in a spiral.”
Lord Mandelson later said, within earshot of journalists: “Why should I have that guy running down the country? Who the **** is he?”
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