The City’s elopement with New Labour has ended violently. A poll of leading financiers, conducted by City AM, reveals that 73 percent think that a Tory majority would be best for the economy; a mere 10 percent support Labour. But the City has little enthusiasm for George Osborne: 23 percent believe he has the mettle
Nick Clegg is the rage of the papers this morning. His interview with the Spectator is trailed across the media and the Independent has an interview where Clegg once again lists the four demands that would be his initial negotiating tests for backing a minority government. They are: – Raising the income tax threshold to
Daniel Hannan breaks the, sadly, not very surprising news that MEPs have voted overwhelmingly in favour of an EU Tobin tax. The margin: 536 to 80. Only the European Conservatives and Reformist group and a handful of radicals opposed the motion. The EPP, which describes itself as ‘centrist’, voted uniformly in favour. Cameron was right
Stay tuned for live coverage from 12:00 Memory for Michael Foot and the four servicemen who have been killed in the last week. 12:03: And we’re off. Tory backbencher Richard Benyon wants assurances that soldiers serving overseas receive a postal vote. Brown gives him such. 12:05: Here’s Cameron. He starts with the examination into the
Two weeks ago, David Cameron delivered a brilliant speech. It keyed into exactly what Michael Wolff means by the phrase, ‘Cameron is a politician who quells, smooths, conflates, reassures.’ It offered hope and optimism, a future free of the current morass. In that case, why are the Tories still faltering? Cameron rode on the wake
It seems there must be discussion about a potential European Monetary Fund, and an organisation to manage Europe’s economies that circumvents Maastricht, to avert future fiscal crises. So much for Lisbon, the treaty to end all treaties. Quite why no one, especially the treaty’s opponents, acknowledged the possibility of a member state’s financial collapse whilst
So, the government is tying the taxpayer to £11bn of new IT contracts before the election, making the Tories’ planned immediate IT cuts very expensive. Is this latest example of a scorched earth policy? Or Labour ‘getting on with the job’? With the polls narrowing, I can’t see Labour setting a fiscal booby-trap that they
Stay tuned for coverage from 14:00 The word is that Cameron will not provide details of any new policies; the speech will be hearfelt and probably spoken without notes. He will stress that the nation faces a critical choice: salvation or ruin. Cameron is at his best with his back to the wall, but he needs
Both James and Tim Montgomerie felt that William Hague must be more prominent during this campaign and Cameron has reached the same conclusion. Hague opened the spring confernece with a stark, bleak message: “And I say it is that most crucial election because I believe the choice for Britain is as stark as this: it
Well, the Chancellor’s not for budging. Alistair Darling stands by not “some of” but “all of” his “forces of hell” comments. Martin Bright wrote the politics column in this week’s mag, arguing that opponents are intimidated by the political mobsters surrounding Brown, and who Brown encourages a la Henry II. Martin names Charlie Whelan and
Guido’s got the inside track that the Beeb have been told not to take the weekend off, and the Tory lead has been cut to five points in the Telegraph’s Ipsos Mori poll. A five point lead is hung parliament territory and Labour could win the most seats – further evidence, as if any were
Gordon Brown’s interview with the Economist is completely brazen. With a fine disregard for facts, and subsumed amid specious waffle, Brown declares that he’s been consistent on cuts. ‘I believe if you look at my interviews there’s absolute consistency in what I’m saying. We were saying right through the early stages of the crisis that
Liam Byrne has caught the Brown bug – not for raging in his underpants you understand, but for fiscal conceits. Tony Wright, the Public Administration Select Committee Chairman, called Liam Byrne (and the opposition as well) to task for misleading the public on the dire effects of cuts. Wright may be proved right: frontline services
He’ll have to because nobody else will. As Robert Peston says ‘Poor RBS, poor Britain’ – today’s figures are catastrophic. Peston’s been digging and the news gets worse: ‘But perhaps the most chilling numbers are these: we as taxpayers put in £25.5bn of new equity into this bank last autumn, the second instalment of the
Don’t you think that ‘The Ship Money Movement’ is a more appropriate name for a British anti-tax forum? You know, given the connotations of ‘Tea Party’ in these climes? Titles are instructive, and, as James wrote yesterday, the British right has a growing fascination with its American counterpart. Perhaps I’m over doing it, but it
Frank Field was characteristically forthright on the Today programme this morning. “I don’t believe, given the strains (on the economy), we will be able to maintain an open door policy without serious unrest on the streets,” he said, and this brings me to a Sunny Hundal article on the media’s approach to the BNP. Hundal
Alistair Darling’s sudden and poetic ejaculation is sure evidence that the government is a rabble of warring tribes. Against such opponents, the Tories should win, and win big. Daniel Finkelstein is adamant that they still could. He states the obvious: polls are general and do not account for specifics in key marginals. In-built boundary bias
What is it about the Blairite passion for abstract nouns? I ask, not out of facetiousness, but because I want to know what they mean by loose terms such as ‘empowerment’. David Miliband joins James Purnell among the progressive left’s thinkers who are reimagining the relationship between state and citizen, and he gave a concept
As Pete points out, the longer the bullying story runs the more chance there is that the public sympathise with Brown, as they did over the Jacqui Janes story. Now Ed Balls is playing the sympathy card for his mentor, saying that Brown has been deeply hurt by these false allegations. Whatever next? Damian McBride
The unfortunately named Christine Pratt, her husband and the National Bullying Helpline have been completely demolished by one of the most well co-ordinated spin operations I can recall. The charity’s accounts bear no examination. Two Patrons, Cary Cooper and Mary O’Connor, have resigned – disgusted that Pratt broke the charity’s commitment to confidentiality, as indeed
