If there’s one thing the financial crisis has proved, then it’s that the heads of global financial institutions are fickle with their favour – for stimulus one minute and against it the next. Still, I suppose every little helps. Last night, Robert Zoellick, President of the World Bank spoke to Jeff Randall and gave George Osborne a resounding vote of confidence.

Britain’s best politics newsletters
You get two free articles each week when you sign up to The Spectator’s emails.
Already a subscriber? Log in
Comments
Join the debate for just £1 a month
Be part of the conversation with other Spectator readers by getting your first three months for £3.
UNLOCK ACCESS Just £1 a monthAlready a subscriber? Log in