Can Gordon Brown Turn The Economy Around Before The Next Election?
Even though he thought about calling a snap election in 2007, Gordon Brown is unlikely to call the next election until the very last minute with many seeing 2010 as the only real choice. The economy has turned, the voters have turned and there has been a massive amount of in fighting within the Labour Party of later â€" ring any bells?
The Labour Party of today is the Conservative Party prior to Labour coming back into power, and the season of open defiance of Gordon Brown is well upon us. So what can Gordon Brown do? Is he really in the last chance saloon?
Over the next 2 to 3 years Gordon Brown will need to pull off the greatest escape of them all and breathe life into a dying economy, convince the voters that he is on their side and start to rebuild his party from the centre. This is a tall order for any PM and especially a one who has lost the trust of the UK voters on such a large scale.
However, Gordon Brown has been here before when Tony Blair tried to stop him taking the reigns, a time when he proved himself a very formidable opponent. Gordon Brown may be battered and bruised but do not write him off just yet!
Share this..
Related stories
CPI rises to 5.2%
The new consumer price index (CPI) was released today, showing that inflation hit 5.2 per cent last month.This is up from August's rate of 4.7 per cent - and 3.2 per cent above the government's own inflation target.However, despite the rise analysts suggested that the price rises were nearing their peak.Falling inflation rates would also open the door for the Bank of England to impose further inte...
Read MoreCan The UK Economy Ride The Storm?
As the news worsens in the property sector, finance costs start to move ahead again and debt levels throughout the UK population are still rising, there are many observers under the impression that the UK economy is in for a rough ride over the next couple of years. When you also take into account the fact the UK government has budget deficit concerns and a fear of growing inflation, is there any...
Read MoreHousehold bills and housing costs top family expenditure list
11/12/2013 This means that the cost of living at home has now overtaken that of travelling; with families now spending an average of £68 per week on essential household bills. Official figures from the Office for National Statistics (ONS) reveal the extent to which the cost of living has risen for families, with the amount of income spent on fuel and power up 8% from 2008 alone. There...
Read MoreMajor interest in Matalan sale
Despite taking the company private just three years ago, for a figure of £827 million of which £410 million was debt, John Hargreaves, the owner of the Matalan is on the verge of a massive return on his investment. The company is effectively up for sale at a price of £1.5 billion and the auction has attracted the interest of five potential private equity buyers in the shape of TPG, Blackstone,...
Read MoreWhat tax rises can we expect in the future?
As the UK budget deficit continues to grow it is becoming more and more evident that UK taxpayers will be footing the bill in the short to medium term. With many analysts expecting the forecast £175 billion budget deficit to be nearer £220 billion for the full tax year, what can you expect to be hit with in the years to come?
The most obvious tax which will increase in the short t...