Liberal democrats

Thursday

Fraser Nelson

A small step for Labour, not a giant leap

I had expected Ed Miliband to do pretty well in the polls. He’s unknown, and voters haven’t had a chance to dislike him yet. That’s not an insult – familiarity breeds contempt in politics, and the public are normally quite quick to give a new guy the benefit of the doubt. Witness the Clegg bubble. But tomorrow’s Guardian shows precious little sign of a conference bounce. The two parties were level before the conferences – a remarkable achievment for a leaderless party. The Tories took three years to do the same. It was one of many reasons that inspired our cover story last week, “Labour leaps forward”. The illustration, by

Monday

Peter Hoskin

The IMF delivers a boost for George Osborne

The proclamations of economists and economic bodies shouldn’t be taken as the be-all-and-end-all of fiscal policy – for every one claiming that a decision is right, you can find another insisting that it is wrong. But the coalition will still be pleased by the influential International Monetary Fund’s latest report, here. It begins: “The UK economy is on the mend. Economic recovery is underway, unemployment has stabilized, and financial sector health has improved. The government’s strong and credible multi-year fiscal deficit reduction plan is essential to ensure debt sustainability. The plan greatly reduces the risk of a costly loss of confidence in public finances and supports a balanced recovery. Fiscal

Saturday

James Forsyth

Cameron neglects to mention his tax cut for the middle classes

David Cameron’s interview in the Telegraph this morning is striking for three reasons. First, despite the interview appearing on the day of the Labour leadership declaration, there’s no attempt to bring the hammer down on the new Labour leader. All we get is some framing on the deficit. Next, as Paul Goodman notes, it is an attempt to reassure the Tory faithful after the Lib Dem conference Vince Cable is gently put back in his box with the line ‘Vince is Vince’. Cameron also stresses that he ‘will always safeguard our nuclear deterrent’; a line that is very different from the nakedly political discussions of Trident in Liverpool, where what

Friday

David Blackburn

Three quarters of voters side with Cable

Politics Home has published an important poll, showing the staggering level of support for Vince Cable’s conference speech. The government will be pleased that its political attack on the financial services industry’s continued excess at time of austerity is cutting through; on the other hand, this could be seen as support for Cable’s emotive rhetoric. Worse still, the poll suggests that traditional Tory voters are the only group for whom Nick Clegg is more impressive than Cable. The business secretary has to be kept in government – the coalition can’t afford to have a charismatic wreaking havoc from the backbenches. Support for Vince Cable conference speech Who are the impressive

Wednesday

Fraser Nelson

The trouble with Cable’s posturing

What are we to make of the fact that No.10 gave the thumbs-up to Vince Cable’s bizarre anti-capitalist rhetoric today? “Capitalism takes no prisoners and it kills competition where it can,” he fumed – and you can argue that, technically, he is paraphrasing Adam Smith. But he has been in politics long enough to know what signal his speech sent out (and the reaction it would trigger). Mood music counts for a lot in politics, and in business. And the mood music from this government sounds like a bunch of politicians happy to tax the bejesus out of the high-paid – regarding them as ATM machines to be raided, rather

David Blackburn

Politicking with the defence of the realm: advantage Labour

Is Trident’s renewal (either a like-for-like replacement or an alternative) within the scope of the Strategic Defence Review or not? The Lib Dem conference voted to include an alternative in the SDR. But, apparently, the cash-strapped coalition seeks to defer any decision (which will take renewal out of the review entirely). Earlier today, Lib Dem defence minister Nick Harvey intimated that he preferred deferral. As the video below suggests, Harvey’s objective is overwhelmingly political and couched in the language of opposition, not government: I don’t see this as a ‘hot potato’ for Labour. Cast in opportunism’s obvious garb, the Liberal Democrats are playing politics with national security and the Conservatives

James Forsyth James Forsyth

Vince’s land tax land grab

There was one notable bit of kite flying in Vince Cable’s speech earlier, an indication that he wants the next Liberal Democrat manifesto to contain a commitment to a land tax. This would give the party a distinctive policy going into the next election. With the proceeds of a land tax, they could abolish stamp duty and still have a lot of fiscal wriggle room allowing it to propose increasing the income tax threshold or spending more on certain public services. There’s already work going on in Lib Dem circles on how to model a land tax and to find how much revenue it would raise.  Here’s the key section

James Forsyth James Forsyth

Bonuses: a question of political economy

There is a reason why the coalition has used the Lib Dem conference to step up its rhetoric about the bankers and their bonuses. The coalition believes, rightly, that balancing the budget is a matter of political economy. It is acutely aware, and has been for some time, that the sight of banks paying out huge bonuses later this year just as the public sector begins to lay people off and cut services would be disastrous. This view is shared by everyone in the coalition from Cable to Osborne. Bumper bonuses would increase calls for new punitive measures against the banks and produce precisely the kind of political atmosphere that

Peter Hoskin

All so predictable from Cable

If Vince Cable has achieved anything, it’s to enliven a Lib Dem conference that had settled into cosy anonymity after Clegg’s speech on Monday. He has now delivered the address that David blogged about earlier – and all of the firebrand passages trailed in this morning’s papers were present and correct. “Capitalism,” Cable warned, “kills competition where it can.” And he followed that lead to kick the bankers where he could. In between passages extolling the virtues of “pro business, pro market” policy, he set about the “spiv and gamblers” who had triggered the financial crisis. To be honest, though, I find it hard to get too worked up about this. Sure,

James Forsyth James Forsyth

Lib Dem activists less than gleeful about the coalition

Last night, Liberal Democrats gathered for their traditional conference glee club. It is a light-hearted occasion with lots of communal singing and jokes. But some of the gags did seem to vocalise a certain unease about the coalition.   There was a very lusty rendition of a song that went like this, to the tune of The Twelve Days of Christmas: On the first day of coalition The Tories gave to me A referendum on AV On the second day of merger The Tories gave to me Absolutely zilch And a referendum on AV On the third day of coalition The Tories gave to me Sweet FA Absolutely zilch And

David Blackburn

Cable shows his true colours

‘[Capitalism] takes no prisoners and it kills competition where it can’. ‘Markets are often irrational or rigged.’ A snob would describe those as the ravings of a chippy provincial university lecturer. In fact, they are the considered thoughts of Vince Cable, the business secretary, the very man tasked with selling Britain to international markets. Cable will address the Lib Dem conference later today, vowing to shine the ‘harsh light into the murky world corporate behaviour’. Limiting short-term speculation when linked to high pay is government policy, but Cable will go further than a spot of banker bashing. Much further. He will say: ‘Why should good companies be destroyed by short-term investors looking

Tuesday

Alex Massie

Liberal Democrat Misanthropes

Bagehot had the misfortune to attend a Liberal Democrat fringe meeting on education reform. But I’m glad he did because he’s produced a righteous post that demands to be read in full. Here’s a taste of it: The title of the meeting was blunt: “Will Schools Have Too Much Freedom in a Big Society?” Mr Hames tried pluckily to defend the idea of radical, permissive reforms to British education policy. Such change might be messy, he conceded, as different sorts of schools and academies sprang up. But his audience—well-meaning and “progressive” local councillors, school heads and school governors—appeared convinced that changes to education policy (and certainly any changes to the

James Forsyth James Forsyth

Whither the Lib Dems?

A striking aspect of the Liberal Democrat conference is how discussion of cooperation with Labour takes place in public while talk of any future work with their current coalition partner happens in private. Tonight, Paddy Ashdown told an Observer fringe meeting that the Liberal Democrats’ long-term goal should still be to become the dominant party of the centre-left in Britain. I must admit that I struggle to see how this is possible. The steps that the coalition needs to take to deal with what Nick Clegg calls the ‘invisible crisis’ of the deficit will alienate the party from the centre left. But then again, as one liberal Liberal Democrat said

James Forsyth James Forsyth

Keeping the flame alive | 21 September 2010

In the early hours of this morning, Lib Dem conference looked like any other party conference. A throng of people—mostly men in suits—standing around outside the conference hotel having come from the various media parties. Indeed, it is surprisingly hard to tell the difference between Lib Dem conference and the others now. There are a large number of lobbyists here and a whole host of corporate types.   But there are some activists trying to keep the flame of the traditional Lib Dem conference alive. Julian Glover has a lovely story over at Comment is Free about what happened after Nick Clegg’s speech yesterday: “In the hall yesterday evening, where

Peter Hoskin

Hughes retracts his claws (for now)

Few observers would have expected Simon Hughes to tear into the coalition with full force in his speech today. The mood in Liverpool is geared towards support, not destruction. But the deputy Lib Dem leader’s effusiveness was still fairly surprising. He reassured the audience that he is a “rock solid supporter of the coalition – which our party has democratically agreed will last for five years”. He echoed one of Clegg’s central messages from yesterday, saying that “when you move from the touchline to the pitch, there is a risk you may get some knocks and pick up a few bruises – but on the touchline you never get the

James Forsyth James Forsyth

A lot done – and a lot still to do – for Nick Clegg

There’s always an after the Lord Mayor’s show feel at conference the today, after the leader’s speech. Adding to this feeling today is that the programme is relatively light; Simon Hughes and Chris Huhne are the star attractions.   Last night at the various parties one sensed a certain satisfaction among those close to Clegg at how the conference has gone. They feel they have got though it without any serious trouble and that the leader’s speech has warned the party of what is to come. But I do think that it is next year’s conference, when the cuts are biting, that will be the real test of what the

Peter Hoskin

Why David Miliband is the most dangerous candidate for the coalition

Now how’s this for an opinion? Writing for Labour Uncut, Dan Hodges announces that David Miliband has won the Labour leadership contest. His piece starts: “This Saturday David Miliband will become leader of the Labour party. He will have won a majority of his Parliamentary colleagues and the wider membership, along with sufficient support from unions and other affiliates to secure not just victory but  an overwhelming mandate. The New Labour era will be over.” To most other observers, myself included, it still looks too close to call. But the more I think about it, the more I feel that David Miliband is best equipped to win this contest. If

Peter Hoskin

Is Laws writing himself out of a return to government?

A noteworthy snippet in Andrew Pierce’s column this morning: “[David Laws] is hard at work on a book. The title – 22 Days In May – is hardly likely to set pulses racing, but the book will be the first insider account of the negotiations which led to the coalition. Laws is also planning to cover the early days of the Government – days which, of course, include his downfall.” Not that this would completely scupper his colleagues’ plans to draft Laws back into government, of course. But, as we’ve seen with the spate of New Labour memoirs, insiders’ accounts do tend to wait until the insider has left government

Alex Massie Alex Massie

Nick Clegg’s 15% Opportunity

Who would have thought, even a year ago, that the future of the Liberal Democrats would arouse such interest? Perhaps I was too harsh on Nick Clegg’s speech to the party’s conference; certainly Fraser was more impressed by it and the gang at Liberal Vision also seem pleased. Perhaps I was wrong to hope that Clegg would disavow the social democrats in his party in this speech. One should always be wary of criticising politicians simply because they decline to do what you would have them do. Equally, one should not assume that doing what one would want them to do is the path to either political or policy success.

Monday

The Spectator

The reaction to Clegg’s speech

Here is a selection of responses to Clegg’s from across the blogosphere.  Fraser Nelson reflects on Clegg’s bout of political S&M.   James Forsyth hears Clegg talk to party not country.   Peter Hoskin watches Nick Clegg shade the coalition yellow.   Alex Massie describes it as ‘lacklustre’, but reckons the audience may have seen it differently.   Iain Martin says that Clegg looked confident, but the Lib Dems aren’t very sure about this government business.   Nick Robinson reviews a ‘largely defensive speech’ from Nick Clegg.    Comment is Free’s Jackie Ashley and Deborah Orr give their verdict.   And Left Foot Forward condemns Clegg’s conversion to the Thatcher school