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Will King

Will King posted But it's not over yet... Gordon Brown, Alistair Darling - please note. | 3 days ago

i learned this evening: Despite the USA offering to landfill all the 'toxic' debts and the UK guaranteeing £500Bn to banks, the 16 'major banks' which set interbank lending rates A) don't trust each other, B) have put up the overnight interbank lending rate to 6.75% (despite the 0.5% interest rate...

Will King

Will King posted Flash (of brilliance) Gordon. | 3 days ago

So, could the global credit crisis prove to be Gordon Brown's very own Falkland Islands moment? Having shot down David Cameron at PMQ's yesterday (see Ann Treneman's sketch here) now he has to get 'confidence and balance' into the market, rather than 'superboom followed by superbust'. Voters will be...

Wapping Psycho

Wapping Psycho posted Get yer coat... | Sep 24, 2008

....you've "resigned". Yes, in an answer to many right-thinking people's prayers, Ruth Kelly has resigned from Gordon Brown's cabinet. Apparently, she wants to "spend more time with her family". I'm sure I've heard that excuse before... And apparently this has nothing to do with her opinion of...

salaryman

salaryman posted Howard's End | Sep 18, 2008

Cowardice and incompetence are a toxic combination in any walk of life. They are traits particularly ill suited to the office of Prime Minister. This financial crisis is a direct result of New Labour grovelling to the City for the past decade. They didn't control the housing bubble, turning a blind...