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Gordon didn't explain it that way

March 23, 2009 08:48

There's an excellent vignette reported in Coffee House today, from Frank Field:

On the programme, Mr Field also recalls the day in 1997 when Gordon Brown, the Chancellor, abolished tax credits paid to pension funds and companies: "I went to see Tony Blair after that budget was announced when the raid occurred on pension pots, and I explained to him what had happened and he said in a rather charming fashion, Gordon didn't explain it that way to me."

As Pete Hoskin writes:

Blair seemed to leave Brown to it on the economic front.  You can't help but wonder what the public finances would look like now if Brown's plans had faced more internal opposition when he was Chancellor. 

Meanwhile, we'll all be paying for his mistakes for years.

March 23, 2009 08:48

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