‘What is it you think I should be apologising for?’ [Brown] demanded. ‘I have nothing to apologise for. You guys just don’t get it do you?’
When one reporter asked why he had let banks get out of control, Mr Brown leaned towards him and said: ‘You’re saying I got it wrong? But I didn’t. The same problems have happened all over the world and our regulations have been better than anyone else’s.
‘It did not start in Britain, it started in America. We have had low interest rates and low inflation. Every other recession in Britain has been created by high interest rates and high inflation. That has not happened under me.’ If Brown really does think he has nothing to apologise for, as opposed to believing it wouldn’t be politically wise to do so, it is really quite worrying. It suggests that the Prime Minister needs to get in the real world quite urgently.