Labour on the Ropes

When the banking and financial crisis began to take off last Autumn, for a while the Prime Minister seemed to have a new spring in his step, a safe pair of hands, the person most suited to handle the crisis.

As the months have passed, and the crisis has grown ever deeper and more intractable, Gordon Brown has increasingly begun to look and sound like a defeated man. It has become more and more difficult for him to pass all the blame on to 'global problems'.

In an interview with Gordon Brown today, Jon Sopel asked him twice 'where were you when the banks were pushing 120% mortgages, and credit card debt was ballooning?'
Mr Brown didn't have an effective answer. It's looking increasingly terminal for this Labour Government.