Peter Hoskin 3:04pm
I'd recommend you take a look at Grazia magazine's new poll - 'Women and politics survey 2008'. As you'd expect - with a title like that - all the respondents are women, and they come out broadly in favour of Cameron & Co. For instance, 33 percent would vote Tory if there was a general election tomorrow, compared to only 14 percent for Labour. And 26 percent think David Cameron will keep his promises, compared to 16 percent for Brown. And that's before we get to which politician would 'deliver the best...
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Peter Hoskin 2:36pm
Is anything going right for this Government at the moment? The latest gaffe: Caroline Flint revealing the front page of an internal Cabinet memo on housing to waiting photographers. They dutifully snapped an image, and now we know the Government thinks house prices will drop by around 10 percent this year. As the Sun quite rightly points out, this could trigger a price crash all by itself.
Anyway, thanks to Flint, you can read it for yourselves:
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Fraser Nelson 12:40pm
In his highly entertaining press conference yesterday, Ed Balls referred to “low inflation.” Today’s inflation bombshell makes such a claim impossible. Against expectations of 2.6% CPI for April, the figure is 3% - the highest rise in six years. This is hugely political. The cost of living is top doorstep issue - so it’s important to establish why Gordon Brown speaks with forked tongue when he blames it all “global turbulence”. Today’s inflation report repays closer examination. My thoughts:-
1) Plunging pound. Since Brown took over the pound has nosedived and is now 12% weaker in general – literally...
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James Forsyth 10:47am
John Rentoul, who has always been sceptical of Brown’s chances and abilities, thinks that Frank Field’s attack on Brown might have been a tipping point: “But his personal unkindness may have broken some kind of barrier, and now all the scenarios for how Brown might go are being canvassed and seem plausible. What, now, if ministers were to resign, saying that the party cannot win with Brown as leader?”
In the febrile atmosphere at Westminster at the moment, anything seems possible. Rumours that would have been dismissed out of hand just a few weeks ago, now seem plausible. If Labour does lose the Crewe and Nantwitch by-election, the temperature will rise another few degrees.
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Peter Hoskin 9:04am
Gloomy reading on the cover of the FT this morning – apparently, our economy's heading ever more swiftly to stagnation and slowdown. New data reveals that confidence in the housing market has hit “rock bottom”; retail spending is dropping; and inflation is sky-rocketing. A dangerous, fiscal cocktail, indeed.
Of course, it's far from good news for the Prime Minister. On a straightforward level, it makes his job more difficult – it's so much easier to reign when the economy's booming – but it may also make it untenable. As Fraser noted the...
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