Ken Clarke shouldn’t underestimate how strongly the city economists polled by Reuters last week want to see him serve as Britain’s finance minister next term.
There was a big fuss but no suspense this morning outside Number 10 Downing Street. In what has become a typical pattern in the world of 24-hour news, media organisations had been briefed in advance on the content and the choreography of Gordon Brown’s election announcement. This was the ultimate scripted, pre-packaged news event.
There are at least two new factors in the coming election — the first-ever televised prime ministerial debates and the first full-on deployment of social media during a British election (Facebook was a year old, YouTube had just started and Twitter didn’t even exist back in 2005).
Talking down the pound could have some pretty bad consequences.
Ever since the debacle of sterling being forced out of the European exchange rate in September 1992, British officials and politicians have maintained a stiff upper lip when talking about the pound.
Leader of the Conservative Party David Cameron, Shadow Chancellor of the Exchequer George Osborne and Shadow Secretary of State for Business Ken Clarke will join us on Tuesday March 2 to give speeches and take part in a Q&A session on the economy.
An opinion poll published today shows the Labour Party gaining ground on David Cameron’s Conservatives. The Ipsos Mori poll found support for the Conservatives on 37 percent, with Labour on 32 percent and the Liberal Democrats on 19 percent.
from Mark Jones:
Billboard political advertising is a mainstay of election campaigns the world over. A generation ago, the 'Labour isn't working' poster was credited by Conservative party Treasurer Lord Thorneycroft with winning the 1979 election for Margaret Thatcher. But might the advent of social media mean that its days are now numbered?
There is a divisive election ahead for Britain, the threat of a ratings downgrade on its sovereign debt and a deficit that has ballooned into the largest by percentage of any major economy. UK stocks, bonds and sterling, however, are trundling along as if all were well. What gives?
This is the received wisdom: a hung parliament is good news for the Liberal Democrats, because it leaves them, as the third-largest party, holding the balance of power. LibDem leader Nick Clegg will be courted by both sides and will decide whether Labour or Conservatives form the next government with him as part of a coalition administration.