Tuesday, 9 October 2007
Brown gets the headlines on IHT
PBR: IHT move grabs headlines but will anyone be better off?
Tax 09 October 2007
Commenting on today’s announcement to raise the IHT threshold to £600,000,Carolyn Steppler, tax director at KPMG in the UK<, said:
“This change, although likely to grab headlines, is in practice only giving to most people what they already have.
“Many married couples will already have drafted wills to allow each spouse to take advantage of their nil rate band through the use of a nil rate band discretionary trust. This was possible even for the family home.
“It is very disappointing to note that the proposals will not benefit unmarried or non-Civil Partnership couples, or siblings who have lived together as in the recent case of the elderly Burden sisters – who had lived together all their lives before one sister faced having to sell the house in her eighties when her sister died.”
Monday, 8 October 2007
Ed Balls and Iain Duncan Smith
Iain Duncan Smith and Ed Balls clash on BBC2's Daily Politics about Gordon Brown's visit to Iraq to announce troop withdrawals and Conservative plans to cut inheritance tax.
This is good stuff. We need driven, angry Tory M's that have had enough of Labour. Do you trust Ed Balls? Me neither.
The Brown Press Conference
Adam Boulton, Nick Robinson and Tom Oborne have had a go on the election issue. He has handled it quite well if only allowing a question at a time. Clearly though it cannot be good to face one tough question after another.
Have to see how it ends but he is doing okay in the face of a very annoyed bunch of political hacks.
Update: why doesnt he just say that he wants to make a case for his "vision" and the polls show he has yet to do so on newly raised issues like IHT.
Update II: Tom Oborne is back with a 2nd attack Q. Brown still maintaining he could have won but wants to sell his vision for change first. This is a rubbish line and anyway what is his vision? He referred earlier to the last manifesto. If it is all in there then why does he need time to set it out again.
Update III: Am blogging from home due to stomach turmoil. Was on the road to recovery half an hour ago but a glass of water seems to have been an error.
Sunday, 7 October 2007
The YouGov/ Sunday Times Poll
Was Gordon just not ready
What will Monday bring?
BBC does the paper round well
Press field day over 'bottler' PM
They may be tomorrow's chip paper, but the Sunday editions will make painful reading for the PM - or "Bottler Brown" as many are calling him.
His decision not to hold an early poll has fired the gun for that cruellest of sports - a press field day.
Mr Brown gets a thorough going over in both the broadsheets and the tabloids.
And in what is surely a first, both the Mail on Sunday and Independent on Sunday opt for the same headline: "Brown bottles it."
Papers of all persuasions agree that the PM's "dithering" has damaged his reputation for strong leadership and as a conviction politician.
Predictions of a stronger than expected Tory fightback also abound. Most cite Conservative tax proposals as the decisive factor in their sudden turnaround in the polls.
And just as it was The Sun "Wot Won It" in 1992, the News of the World says it "killed" Election 2007 with a poll showing the PM would lose his majority.
Mr Brown is now "on notice" and vulnerable to attacks from the Labour left, it warns. He has "squandered" the political capital gained since taking over from Tony Blair.
In the Observer, Mr Brown is facing a full-blown "political crisis" and will "pay for his unwise gamble".
Columnist Andrew Rawnsley predicts the retreat will "prompt a reassessment of the Prime Minister that will not be to his advantage".
The Sunday Telegraph also devotes acres of space to the prime minister's "climbdown". But its editorial concludes his decision is "the right one".
Columnist Matthew d'Ancona taunts the PM that his "colour will now be yellow" and that he has "only himself to blame".
In the Sunday Times Mr Brown is "all mouth and no trousers" - helpfully illustrated with a mocked-up picture of the PM in his boxer shorts.
It concludes he is a "victim of his own spin" and says the country will think less highly of him.
Meanwhile, an article by Tory leader David Cameron goads that the Tories are ready but the PM is not.
The Independent on Sunday's John Rentoul says Mr Brown has gone from "sure-footed statesman to nervous wreck" in the space of a week.
An editorial concludes it is the "right decision, wrong reason" and that having promised to play straight, Mr Brown looks "insincere" after stoking election speculation.
A Shrank cartoon depicts a sweating PM gnawing fingernails emblazoned with the words "No. Yes. No!"
The Mail on Sunday also expects the PM to "pay a high price for his cynical game". Its columnist Julia Langdon says the episode has highlighted Mr Brown's fatal flaw - the "funking" of make-or-break decisions.
However, the Sunday Mirror offers a ray of hope, arguing that Mr Brown has shown he is fallible, but now has time to prove himself the "remarkable" PM that he is.
The Sunday Express says Mr Brown - hailed by Tony Blair as the "clunking fist" - has been immortalised as the "clucking fist" by internet jokers. The paper's opinion column also accuses him of playing chicken over an early poll.
"Gutless Brown proves he has no stomach for a fight," it declares.
Scotland's most famous "son of the Manse" gets an equally rough ride on his home turf. Scotland on Sunday claims he faces a crisis of confidence amid concerns that he has "lost his nerve".
Meanwhile, the Sunday Herald laments a week in which the "Brown bounce led to an own goal". The Scottish Mail on Sunday reports SNP leader Alex Salmond's quip that the PM is "not so much the Grand Old Duke of York - more the big feartie from Fife".
Brown's Bad Day- repeated
Saturday, 6 October 2007
Why Labour should have had an election
- The economy. It probably will get worse next year.
- House prices. Outside London they are dropping.
- Personal debt. It is massive and would not be helped by a downturn.
- Tax. It is annoying people.
- 10 years in power. People want change and having given Brown a chance people will say enough is enough in 2009.
- Europe. This issue is now plaguing Labour and not the Tories. What a reverse.
- Tories are on the rise. The Labour Cabinet is not what is was. The best have moved on.
- The majority gave Brown a cusion that cold afford a few slip ups and still deliver victory.
I understand that there are several reasons not to go:
- The winter.
- The recent polls.
- EU Treaty.
- Electoral registor.
- Scotland.
- Tory resurgance.
But they do not outweigh the positives in my opinion. Clearly Brown has not come to the same conclusion but I tend to agree with Steve Richards of The Independent who is accusing Brown of having made a "colossal mistake". Brown will be accused of bottling it and although he will shrug off the short term strom it will haunt Brown and Labour in 2 years time. The Labour party will be down about this. They have been marched up the hill and now marched down in the face of a resurgent Tory party. The Labour supporters heads dropping is good news and hard to reverse. They will start to think that maybe they are on the ebb. I hope and believe they are right about that.
Six point Tory lead in the marginals says NOTW
Is the election off? NOTW thinks so.
Doooohhhhhh!
I thought he would have an election. I thought until recently we would be smashed again. I still think he would win by 30 or 40 seats but clearly the labour heirarchy think the time has gone.
Damnit.
But if he does not go now when will he? It will probably have to be as late as possible and I reckon he will lose then.