On Tuesday Guido posted a graph displaying an inverse correlation: every time Gordon showed a whiff of recovery the value of the pound went into free fall. Whenever Labour goes up in the polls the pound goes down on the exchanges.
Well it seems last night the Newsnight economic team not only copied the concept, but Emily Nomates’s graphic too – the start dates and margins are identical to Emily’s original graph.
Nice to know where the BBC’s great and good come for an economics lesson.
The Curse of the One-Eyed Son of the Manse will not go away. Pharma big boys AstraZeneca were very chuffed when Gordon welcomed their chairman as one of Britain’s Business Ambassadors three months ago. This was never going to go well. The smile was soon wiped off their faces when Mr Ambassador fired 2,200 of his staff this week.
The curse was particularly powerful north of the border. Last Thursday Gordon shared the top table at a Labour Party fund-raiser in Glasgow with the leader of the council, the flamboyant “high-flyer” Steven Purcell. Colleagues say he was buzzing at the party. The next morning his career was over. Purcell mysteriously cancelled meetings before eventually clearing his whole diary and promptly resigned citing “stress“.
Purcell then spent the weekend in the Castle Craig rehab centre and brought in a friend’s crisis management company to handle the press. The spin is that this is all stress related. When Guido gets over-stressed he goes on a beach holiday, not to a rehab centre. It is rumoured that Purcell’s staff wanted to send out a more honest press release about his “chemical dependency”. In any event the cover-up lasted less than 48 hours. Has he blown his career? Who nose? His spin team and lawyers are threatening to sue all and sundry. Peter Watson, his lawyer, told Guido that he would invoke Article 8 of the European Convention on Human Rights against him if the blog crossed the line into Purcell’s privacy. What a proper charlie…
Downing Street is silent on the issue, perhaps like our high-flyer they need to sort out their line…
Pub landlord Nick Hogan was jailed last week for an absurd six months for breaking the smoking ban. Anna Racoon broke the story
“Nick was actually jailed for non-payment of the fine originally imposed for a ‘mass smoke-in’ on the day the ban came into force in 2007 in his pub, the ‘Swan and Barristers’ in Bolton. He no longer has that pub. He was fined again when council inspectors walked into his present pub and discovered a group of customers smoking – Nick wasn’t even on the premises.”
Nick is now in a debtors jail for not paying his £10,000 fine. A campaign has been started by Anna and Old Holborn has raised £6,200 towards the £8,664.50 he needs to get out of a jail, described as one of the most violent in the country, by next week. For the state to lock this man away for this when every day violent criminals walk free beggars believe. Please dig into your pockets to raise that extra two and half grand.
Andrew Rawnsley said…
“John Prescott: the ‘Forces of Hull’ “
