Labour’s economic policy – here’s the tofu
“In answer to the ‘where’s the beef?’ call from some parts of the Labour Party, the leadership is serving up some sort of tofu substitute.”
“In answer to the ‘where’s the beef?’ call from some parts of the Labour Party, the leadership is serving up some sort of tofu substitute.”
The UK positions itself between Europe and the US, but an Italian journalist warns that the British should prepare for the possibility that its neighbours may emerge from the eurozone crisis stronger.
Political Editor Gary Gibbon blogs on the twists and turns of the government’s EU policy – and what a referendum could involve.
Angela Merkel concedes. Gary Gibbon wonders what she will get in return?
Don’t expect any great gestures from Angela Merkel at the EU summit, says Gary Gibbon.
A year ago he announced he was giving up his salary to show solidarity with Greeks in their hour of need.
Gary Gibbon blogs on what will be a eurozone dominated G20.
Political editor Gary Gibbon blogs on the less than positive reaction to David Cameron’s interventions on Europe.
Is UKIP’s Nigel Farage right about immigrants snapping up all the social housing? “All you have to do now if you come from Eastern Europe, all you have to do is to get a national insurance number – which you can get easily within a fortnight – and then you qualify automatically for social housing,” he said. FactCheck investigates.
Quite a few normally outspoken MPs genuinely thought the PM “had no choice” over Europe’s fiscal compact, though there is a sense amongst some that he has marched people up the hill again.
Chancellor Merkel has another saying which aides say she uses frequently in private: “If you climb up a tree you have to climb down it.” She may well be looking at David Cameron’s mini u-turn this afternoon on the use of EU institutions by the rest of the EU and think she’s watching just such an arborial stunt. Certainly some Tory MPs think they’re looking at some kind of climbdown and don’t like it.
There isn’t normally a prime ministerial statement after an informal European Council like this one but one Tory MP told me he was sure there would be an attempt to table an urgent question and drag Mr Cameron to the Commons. “He’d better explain quickly,” one Tory MP said, “or he’s going to get his backside kicked.”
It’s all brinkmanship, and goes to prove how the volatile politics of the Middle East affects all of our lives, writes Channel 4 News International Editor Lindsey Hilsum.
“An EU-wide Robin Hood Tax – which John Major called a “heat-seeking missile” pointed at the heart of the Square Mile (surely it should have been an arrow?) – does now appear to have stalled on the launchpad.”
One economist likened the euro to Hotel California “where you can check out but you can’t leave”, pointing out that, “almost no modern fiat currency union has broken up without some form of authoritarian or military government or civil war”.