Jim and Alex will write a live blog of Ed Miliband’s keynote speech to the Labour party conference this afternoon. Come back here at about 2.15pm UK time to follow their coverage of the address by Labour’s new leader. Read more
George Parker, political editor, reviews the long-awaited autobiography of Tony Blair, commenting on its lack of contrition and the ex-premier’s attack on his former friend and colleage, Gordon Brown. Read more
The FT’s Westminster team live blogs the launch of Tony Blair’s memoirs. Read more
By George Parker, political editor
David Cameron was still glowing last night after his three-hour bonding session with President Obama, who took him on a tour of his personal apartments in the White House as well as the garden: a far cry from the short “brush by” offered to him when he was still leader of the opposition.
In spite of all the pre-meeting efforts to dampen expectations – Cameron wrote that he was not bothered by the “baubles” of the “special relationship” – his team were immediately anxious to tell journalists how well the meeting had gone.
In spite of the little local difficulty over BP, the two leaders joshed about the state of their children’s bedrooms and exchanged gifts: Sam Cameron bought a natty pair of pink and purple Hunter wellies for the Obama children. Read more
By George Parker, political editor
David Cameron likes things to be strong. And he likes things to be stable. How do we know this? Well the prime minister has shown a fondness for using the two adjectives in tandem, not least ahead of his visit to Washington. Read more
George Osborne sits down at 13.28 – that’s it, the Budget has been delivered. Now Harriet Harman will respond, but thank you for comments and for joining us.
Jim Pickard, political correspondent: Osborne’s promise to return to “financial prudence”… Could this be a dig at Gordon Brown by any chance? This was in happier days his favourite expression.
Jamie Chisholm, FT Global Markets Commentator: Gilts back to where we started, down 8 basis points at 3.45 per cent. Sterling little changed.
Child element of tax credit to be increased
Matthew Vincent: The chances of exchanging contracts on your second home by 5.30pm today look a bit remote. Best phone your solicitors and give them the hurry up…
Robert Shrimsley, editor of FT.com: Is it my imagination or is George Osbrone saying “coalition government” much more now that he’s got to the nastiest parts.
Update: follow our live coverage of the Budget here.
The Westminster blog will host a line-by-line summary of George Osborne’s Budget statement, featuring commentary from FT writers, from 12.30pm (or just before the Chancellor stands up). Jim and Alex will then return to the blog. Read more
From Gideon Rachman’s blog
In theory, I should know Britain’s new chancellor of the exchequer, really quite well. George Osborne grew up in the same street as me in London. We went to the same school. He used to be called Gideon, before changing his name to George. I once interviewed him for a job. But the odd thing is, I hardly know the guy.
The reason for this is rather humiliating. The chancellor, as I will have to learn to call him, is much younger than me. Eight years younger, to be precise; he has only just turned 39. So the first time I really met George Osborne was when I interviewed him for a job at The Economist in 1997. Read more
The graphic shows the new ministers’ backgrounds and their likely priorities in office. It will be updated throughout the day as more cabinet positions are made public. View it in full at www.ft.com/cabinet
From FT Alphaville:
Here’s something of a surprise:
A fairly muted reaction (at pixel time anyway) from the UK banking sector to the new ConDem coalition.
Surprising because the Conservatives look likely adopt the aggressive anti-bank policies of the Liberal Democrats manifesto (although everything is subject to negotiation in this new collaborative age). Read more
Our expert election panel of Miranda Green, Charles Lewington and Matthew Taylor convened for the last time on Friday afternoon to unpack the campaign and provide insight into the hung parliament. Special commendation to Miranda Green, whose election prediction throughout the course of the campaign have been closest to the result.
With Jim and Alex on frontline duties, Kiran Stacey, a fellow political hack, and Helen Warrell, who has helped co-ordinate the FT’s online and multimedia election coverage, will man this live blog. Jim, Alex and others will contribute. Follow the news, drama and tension of election night here.
The page should update automatically every few minutes, although it may take longer for those reading on a mobile.
1.58 KS: We’re about to shut this particular post down and open a new one, so sorry to make you navigate away. But stay with us and follow the story in the next post: The view from 2am.
1.57 KS: More bad news for the Lib Dems. They lost ground in Newbury, which the Tories took from them in 2005. Perhaps the message of “Vote Clegg, get Brown” was successful.
1.52 KS: 57 seats done, with an average swing of 3.3% from Labour to the Tories. But this number is warped by much figures from Scotland and Northern Ireland, says the BBC.
1.51 KS: Ed Miliband equivocal to say the least about Gordon Brown’s position. When asked by Paxman “It’s Brown or bust is it?” he replies, “I wouldn’t quite put it that way.” Read more
The podcasts will be recorded twice a week for the duration of the campaign – see the full list in the UK election podcast archive.
The podcasts, which are hosted by Robert Shrimsley, will be recorded every Monday and Friday for the duration of the campaign – see the full list in the UK election podcast archive.