The Spectator

The Gordon and Alistair show

It was the Gordon and Alistair show today, rather than the Brown press conference. And Darling did far more than the intro. He jumped into answer questions, with his message – that HMS Britain was built by Labour to weather a world economic storm. He detailed meetings with world leaders, as if to try and hammer home his point that innocent Britain is caught in a world economic problem, not our fault guv, etc. Anyway, here are five thoughts on each of them…

DARLING
1) “Right across the world, this will be a difficult year”. But few face a UK-style slowdown. The average OECD economy grew by 2.7% last year and is forecast to do 2.3% this year. No major country is facing a growth deceleration as sharp as Britain – from 3.1% to 2.0%.
2) “We are better placed than most other countries…” We would be if we didn’t have the largest budget deficit in Western Europe.

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