Friday Jul 4 2008
All times are London time

Search Quotes in the FT.com site
FT Logo

January 23, 2008

Brown back in the comfort zone

Watching Gordon Brown in action today at PM’s questions, I couldn’t help thinking he was actually enjoying himself for the first time. The body language was more relaxed, the smile a little less robotic.

He seems to think this clever Goldman’s wheeze on saving the Northern Rock with a government-backed bond issue offers the government an escape route from the whole fiasco and could even end up with the taxpayer making a profit.

Better still, he is able to highlight the extraordinarily uncertain Tory response to Northern Rock. Of all the options available, Mr Brown is probably right to say that administration - the current option favoured by the Tories - is probably the worst.

But I think what really got those whitened teeth flashing was a good old fashioned row over the economy. When Ken Clarke, the former chancellor, laid into him, it was just like the good old days. Mr Brown was able to reel off the stats about the Tories presiding over 15 per cent interest rates, 3m unemployed etc etc.

This is home turf for Mr Brown. It is his comfort zone. David Laws, the Lib Dem MP and former Treasury watcher, summed it up when I bumped into him outside the chamber.

"It’s almost as if the economic downturn and stock market turmoil is what he wants," he said. "It’s where he seems to want the debate to be."

Whether the public will "cling to nurse" (alias the former Iron Chancellor) or blame him for their economic plight is perhaps the big unknowables of British politics in 2008.

Post a comment

Comment Policy




As a final step before posting the comment, please type the two words you see in the image beloweight numbers in the audio clip; this test is to prevent automated robots from posting comments.


More FT Blogs and Forums

  • Economists' Forum Leading economists and the FT's chief economics commentator, Martin Wolf, debate the big issues

  • Gideon Rachman's blog The FT's chief foreign affairs commentator on world issues and his travels

  • Brussels Blog By our Brussels writers

  • Clive Crook's blog The FT's chief Washington commentator blogs about intersection of politics and economics

  • The Undercover Economist Tim Harford's blog on economics in everyday life

  • Willem Buiter's Maverecon The LSE professor blogs on 'economics, politics, ethics, religion, culture, free and open source software (FOSS), and whatever'

  • John Gapper's blog FT chief business commentator talks about business, finance, media and technology

  • Management Blog A forum for the latest thinking about the issues that preoccupy managers around the world

  • FT Alphaville Instant market news and commentary for finance professionals

  • Dear Lucy Columnist Lucy Kellaway and readers solve your workplace woes

  • FT Tech Blog Our San Francisco and world correspondents look at the intersection of technology and business