Tomorrow’s News of the World has a poll which gives the last rites to Brown’s reputation for economic competence. It is truly devastating on many levels.
1. Two months ago Labour had a 12 point lead over the Tories on managing the economy. At the last election it was 30%. Now it is zero: they are neck and neck.
2. And among the under-25 Labour are a staggering 16 points behind (31% vs 47%).
3. The Tories are winning (or, should I say, Brown is fast losing) the intellectual battle. When asked who has the best policies and ideas’, the Tory lead is 10%.
Thus the effect of Black Tuesday becomes ever clearer in retrospect.

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