Journalists in the Westminster bubble like to point out on Big Speech Days like this that the public couldn’t care a jot about whether Ed Miliband is having a Clause IV moment. They’re right, but that doesn’t stop everyone in the bubble getting rather overexcited about a speech in a sweaty room off Fleet Street as they did today. Miliband might be wiping his brow with relief this afternoon given his unions speech has gone down rather well with a surprising range of grandees, but he’ll know only too well that the more awkward news has nothing to do with Len McCluskey. The International Monetary Fund announced this afternoon that, as expected, it was raising the UK’s 2013 growth forecast from 0.7 per cent to 0.9 per cent.
This isn’t a stunning result, of course, partly because it was only in April that the IMF cut its forecast from 1 per cent to 0.7
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