The banking crisis gave the UK economy a heart attack and this had a disastrous impact on the public finances.
No, I haven’t read much of Gordon Brown’s book, Beyond the Crash. My faltering and dutiful attempt prompted musings on the fascinating and life-enhancing qualities of ditch water.
In my defence, I can only say that few others have made much more progress. Or else someone would have reported by now, seven weeks after it was [...]
48% of GDP? 40% of GDP? Oliver Kamm and John Ross can’t both be right. And it’s not a small difference, particularly in the context of a raging debate about Labour’s handling of the economy.
Senator Prescott* said some interesting things in a talk on a cruise on Queen Mary 2 (right). The former Deputy Prime Minister was accused by Tony Blair in A Journey of helping Gordon Brown to succeed him:
It’s not that John was ever personally disloyal – he wasn’t – but Gordon pitched his own position on [...]
If you dwell on it long enough, the political landscape of this time last year starts to feel like an era from a bygone age; not a year ago, but more like several decades ago.
Adding to the flood of instant history of the Brown government is Anthony Seldon and Guy Lodge’s Brown At 10. You would think that we would be sated by now. But no. After Harriet Harman’s abortive goose plot in the Mail on Sunday serialisation, there is more.
It is striking how late in the day the right have started to wake up to Ireland’s structural economic problems. Until very recently Ireland was the neoliberal right’s poster child.
In a miserable failure of self-promotion by the seventh most popular media blog, I forgot to link to my review of Steve Richards’s excellent book, Whatever It Takes, on Sunday. The title of the book is taken from Brown’s speech at Labour conference in Manchester in September 2008, just after Lehman Brothers went bust: “When people [...]
Now that I have read A Journey thoroughly, I am reading some of the reviews. Someone with a sense of humour at The Sunday Times had the idea of asking Robert Harris to write one (pay wall). He managed to hold back from mentioning the “disastrous Iraq war” until the eighth paragraph.
If you want a [...]
Alex Barker and George Parker in the Financial Times report a fine case of a taste of one’s own medicine:
Alistair Darling hid “good news” on the deficit from Gordon Brown until the day before his final Budget, just weeks ahead of the election.
A late revision of the estimate of the deficit cut it from £170bn [...]
Latest from Independent journalists on Twitter