Gordon Brown twists the words of the shadow chancellor

True, George Osborne didn’t sound desperately sympathetic to the plight of credit crunch victims when he said on Newsnight last week: “Well look, no one takes pleasure from people making money out of the misery of others, but that is a function of capitalist markets.”

But that is NOT the same as the quote attributed to him by the prime minister just now:

That it’s a function of financial markets that people make loads of money out of the misery of others.”

UPDATE

I’ve just spoken to one minister and one ex-minister who were both aghast at the idea that Brown had used a false quote. Brown would have been on safe ground if he had paraphrased the shadow chancellor. But he didn’t. Remember: This is the party which crucified Andrew Gilligan and the BBC because of the corporation’s lack of stringency….over a single quotation.

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on the UK political scene

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Jim Pickard and Kiran Stacey, FT Westminster correspondents, share the latest news and analysis on the UK's political scene.

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The authors

Jim Pickard joined the lobby team in January 2008. He has been at the Financial Times since 1999 as a regional correspondent, assistant UK news editor and property correspondent.

Kiran Stacey is an FT political correspondent, having joined the lobby in 2011. He started at the FT as a graduate trainee in 2008, working on desks including UK companies and US equity markets before taking over the FT's Energy Source blog.

Contributors

Elizabeth Rigby, the FT's chief political correspondent, joined the lobby team in September 2010. Elizabeth has worked at the FT for more than a decade and was most recently its consumer industries editor.

Helen Warrell is the FT's UK reporter, covering home affairs, crime and policing. She joined the FT in 2008 and has spent time as a reporter in the Brussels bureau and more recently, editing the paper's Asia coverage on the world news desk.

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