Gordon Brown's demise may herald a new era in UK politics
While he may not be on the rack quite yet the open revolt throughout the Labour Party has caused many to look beyond the current government and plan for the future. It looks as though Gordon Brown may well have presided over the demise and almost certain death of New Labour and allowed Old Labour to rise from the ashes like a phoenix.
We are now seeing more and more MPs stepping forward to ask for change in the leadership and while the more senior members of the party are standing firm behind Gordon Brown at the moment it seems only a matter of time. At the end of the day politics is all about democracy and if the people want change they will have change.
You have to feel a little sympathy for Gordon Brown, he presided over what many saw as the longest period of economic stability in the history of the UK only to see it all come crashing down around his feet. He has been hung out to dry by many of those who supported him, in a similar fashion to Margaret Thatcher who went from hero to zero overnight in the eyes of the Tory Party hierarchy.
Share this..
Related stories
Alex Salmond told to concentrate on Scottish economy
While he has become something of a peoples champion in Scotland by bashing the English at every opportunity it seems that Alex Salmond needs to get down to the bread and butter business of saving the Scottish economy. He is being accused by opposition parties of not acting quickly enough to safeguard up to 100,000 construction jobs in Scotland and being blinded by his controversial plans to fund...
Read MoreWhy has the Bank of England increased the quantitative easing fund?
While today's announcement of a £50 billion increase in the quantitative easing fund was released with an air of confidence, concerns are growing as to why the Bank of England has chosen this moment to increase the funds in question. There is a suspicion that even though it's still fairly early days for the quantitative easing policy to kick in, the impact of the significant wall of cash used alr...
Read MoreHonda staff agree 3% pay cut to save jobs
It has been revealed that workers at Honda's Swindon factory have agreed a 3% pay cut in order to save nearly 500 jobs at the plant. The deal was brokered by the Unite trade union and sees the package run until March 2010, although significantly, managers have agreed to take a 5% pay cut with all workers now entitled to an extra six days holiday a year. While the deal is still to be voted on by tr...
Read MoreIs The Bank Of England Looking Too Far Ahead?
As the Bank of England continue to attack inflation and resist growing calls for interest rate reductions to kick start the economy there is a growing belief that the Bank is looking too far ahead when there is real short term danger. While it would be foolish to ignore inflation, there is a growing opinion that by affectively ignoring the economy in favour of the fight against inflation, the sho...
Read MoreIf the European Union won't bail out Greece then who will?
As the Greek saga continues to worsen there is concern that if the European Union is unable or unwilling to help in the short to medium term then who else can the Greek authorities turn to? While it is likely that the European Union will cut Greece adrift, with analysts expecting some form of financial assistance in the short term, we also have the International Monetary Fund waiting in the win...
Read More