The Tories Are Now The Party Of

The Degree Of Leverage Now Being Reversed Is On A Staggering Scale, And The Underlying Global Imbalances – Notably Between The Savers And The Spenders – Will Require Long And Painful Adjustment.

Now The Main Areas Of Higher Education That Still Enjoy Considerable Financial Support From Government Are Subjects Like Engineering And Science And The Research Ringfence Which Is The Basic Minimum To Protect Britain's Scientific Competitiveness.

I Fear That The Rising Personal Bankruptcies And Repossessions Are The First Signs Of Bigger Problems To Come And Personal Debt - Gordon Brown's Legacy To Millions Of Britain's Families - Will Hang Like A Millstone Around The Neck Of The British People For Years To Come.

The Fact That John Prescott Is Being Paid Large Sums Of Money To Do Little Or Nothing Adds To The General Malaise Surrounding This Government And The Feeling That Ministers Are Incapable Of Tackling Serious Issues.

On Banks, I Make No Apology For Attacking Spivs And Gamblers Who Did More Harm To The British Economy Than Bob Crow Could Achieve In His Wildest Trotskyite Fantasies, While Paying Themselves Outrageous Bonuses Underwritten By The Taxpayer. There Is Much Public Anger About Banks And It Is Well Deserved.