February 26th, 2009

Fred’s Smackdown to Myners

Guido can’t help thinking that the row over Fred’s £8 million pension is a contrived bit of spin to distract headlines away from the £300 billion bet that HM Treasury is taking on RBS. Frankly Fred’s £8 / £16 million is neither here nor there in comparison to what the government is committing the taxpayer to underwriting. If this goes pear shaped Iceland will be nothing in comparison.



Seen Elsewhere

What We Learned From the Referendum | FT
Scottish Crisis Moves South | Nick Wood
English Democrats Accidentally Celebrate Yes Victory | Pink News
Union In Its Current Form is Dead | Janan Ganesh
Labour Could Be Split in Two | Sun
Ashcroft Poll: Why Scotland Voted No | Buzzfeed
Boris: Change Barnett Formula | Sun
Cameron is Back | Dan Hodges
What Happens Now | James Kirkup
Cairo of the North | Quentin Letts
Labour are the Biggest Losers | Phil Collins


VOTER-RECALL
Find out more about PLMR


Diane Abbott on the Daily Politics:

“Labour MPs will unite behind Ed Miliband, once we find out what our policies are.”



It was only a tiny tiny collision.


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