Tories Thrash Labour

edelman-roundersThe annual parliamentary staff rounders and picnic competition saw the Tories beat Labour 32 1/2 to 17.  Sadly, no pictures of the totty have reached Guido.  Very sad…

UPDATE : Guido pulled a few strings, and here is the victorious Tory Totty Team:

Tory-Team

Government Overspending £258 Million Per Day

The Public Sector Borrowing Requirement for July came in at £8.016 billion.  That means the government was over-spending by more than £258 million per day last month, which is living beyond our collective means by more than  £10 million an hour, 24 hours a day, seven days a week.

Gordon Brown and Ed Balls reckon the government should spend even more.  John Redwood blogs “No wonder the Governor thinks we ought to print some more money – who is going to lend us all this?” The Zimbabwean dollar rose 15% against the British pound last month…

UPDATE : The FT reports that this morning “saw another lacklustre gilt sale from the UK Debt Management Office.”  Surprised?

Not So Silly

dannat_v_jonesKevan Jones is spinning rather weakly that “It is obviously the ‘silly season’ in the blogosphere” as broadcasters and the dead tree press today follow Guido in naming him as being at the centre of the smearing and briefing against General Dannatt.

If it was just sillyness, why did his boss the defence secretary, Bob Ainsworth, issue a formal warning to him not to brief against Dannatt?  Was he being silly?



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Quote of the Day

George Osborne paraphrases Boris, telling the FT:

“If the ball came loose at the back of the scrum, I wouldn’t fumble it”

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