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What Will The Mansion House Speech Tell Us?

As the Chancellor Alistair Darling ventures East over the City to give the Mansion House speech later this evening, many economists will be hanging on his every word to see exactly what the government hope to do about the ailing UK economy. This keynote speech will be the most important which Alistair Darling has ever delivered and needs to offer a balance between realism and ideas for recovery in order to win back the respect of the City. Can he do it?

Some in the City have been very critical of Alistair Darling and the way in which he seems to be in the wake of Gordon Brown on too many issues. It seems that when the going is good, Gordon Brown steps forward, yet when there is any discomfort or concern, Alistair Darling is the one pushed to the front – indeed some in the City have accused Gordon Brown of writing some of Darling’s speeches!

Tonight is the night that Alistair Darling has the chance to kick start the recovery in the battered reputation of the Labour Party. He needs to be firm yet flexible, honest yet focused and above all he needs to be able to tell the City that he has it all under control. No mean feat!

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