Brown’s endgame May 10, 2010 POLITICAL EDITOR ■ Prime Minister will stand aside in last-ditch bid to convince Lib Dems to share power with Labour ■ Tories table counter-offer and say they will include referendum on alternative vote system to woo Liberals GORDON BROWN finally loosened his grip on power yesterday, announcing his resignation as Labour leader in a last-ditch [...]
Tribalism replaced values May 10, 2010 THE story of why Gordon Brown entered politics is well-known, not least because he often tells it himself. Son of a Church of Scotland minister, he was brought up with a protestant work ethic guided by a “moral compass”. An extremely bright pupil, he was fast-tracked through school and went to the University of Edinburgh [...]
Why a rainbow coalition falls short May 10, 2010 HOW chaotic – but how predictable. All those warnings about the consequences of a hung parliament, including in this newspaper, have turned out to be right, and spectacularly so. The Prime Minister’s resignation yesterday afternoon (though he could theoretically stick around until the Autumn) ought to have been the biggest, most important story – yet [...]
What the other papers say this morning May 10, 2010 FINANCIAL TIMES ABN AMRO ADMITS SANCTIONS BREACH The former ABN Amro, now part of Royal Bank of Scotland, on Monday agreed to pay $500m (£337m) in fines as part of a settlement with the Department of Justice and admitted that it willfully and systematically violated US sanctions against Iran, Libya, the Sudan and Cuba. The [...]
Cameron and Brown both court Clegg May 10, 2010 THE Tories last night offered to meet Nick Clegg half-way with his plans for electoral reform. David Cameron, loath to attempt to govern without a parliamentary majority, put a referendum on “alternative vote” (AV) on the table in a bid to finally clinch power. But just as the contest appeared to have decisively fallen in [...]
Sterling drops after the PM steps down May 10, 2010 GORDON Brown’s decision to resign as leader of the Labour party caused sterling to slide yesterday as investors reacted to the possibility of a left-leaning coalition with the Liberal Democrats. News of Brown’s decision caused sterling to drop more than a cent against the dollar, from $1.502 to $1.486. The fall came minutes after the [...]
Q&A: WHAT DO THE LIB DEMS WANT? May 10, 2010 Q. WHATARE THE LIB DEMS ASKING FOR? A. Nick Clegg says consensus on how to deal with the national budget deficit and electoral reform are the biggest issues to be ironed out before he will agree to a power sharing deal. Q. WHAT TYPE OF ELECTORAL REFORM? A. Clegg and the Lib Dems are both [...]
The winding paths to the seat of power May 10, 2010 LAST night the parties were still locked in negotiations over who will be allowed to form the next government. The task is to reach the magic number of 321 MPs, giving a clear majority in the House of Commons. Nick Clegg made a Lib Dem-Tory coalition the most likely outcome after saying the party with [...]
Runners and riders line up May 10, 2010 David Crow examines those in line to succeed Gordon Brown as leader of the Labour party GORDON BROWN’S resignation will lead to an almighty battle for Labour’s soul. Those on the centre of the party will be looking for an heir to Tony Blair, the election-winning machine that kept them in power for 13 years. Brown’s backers [...]
Miliband faces a fight against Labour machine for top job May 10, 2010 DAVID Miliband has emerged as the favourite to take over the Labour leadership when Gordon Brown steps down. But the long-touted future leader will still have to go through the gruelling internal selection process. The party is determined hold a leadership contest to distance it from the accusations of shady back-room deals that surrounded the Blair-Brown [...]
