Great, go on, do your job then Nick. Tell us who is saying one thing to you and another to the public. Or is this a secret just for you and not the people who pay your wages? Who are the two-faced liars?
*Have to admit he is preferable to Jim Naughtie.
Guardian News & Media (GNM), publishers of the Guardian and the Observer increased operating losses to £26.4m. The parent owners GMG would also have reported operating losses of £24.8 million were it not for the £334.8m sale of a 49.9% stake in Auto Trader, to Ronnie Cohen’s evil capitalist private equity vultures, Apax Partners. The online arm’s separate Guardian Unlimited identity has been dropped (it was more unkindly known by some as “Guardian Unlimited Losses”).
Incidentally the annual report reveals they paid £15.3 million in taxes last year despite claiming a group profit before taxation of £306.4 million after the sale of Auto Trader. GMG have always been adept at using the Scott Trust and other dodges to minimise tax charges. Guido congratulates them on achieving an effective tax rate 4.99%. Remember that the next time Polly Toynbee calls for higher taxes and everyone to pay a fair share.
Controversial Smith Institute trustee and Chairman of the Guardian Media Group Paul Myners warned: “We expect the uncertainty within the UK economy to have an impact on a number of the group’s revenue streams in the coming year.” Translation : we will lose more money next year.
Incidentally, Guardian editor Alan Rusbridger got by on a total compensation package of a mere £544000 up from £473,000 last year. A 15% increase as a reward for losing £26.4 million – no belt tightening for him.
Handy having your friends, rather than shareholders, decide your pay isn’t it?
Nick Clegg says he is shifting resources to target what they see as the 50-most winnable Labour seats, pouring efforts and campaigners into fighting Gordon.
This is a sensible strategic move in the face of the reality of the polls, a change of government won’t happen if LibDems and Tories swap seats, a change of government will only happen if the LibDems and Tories take seats from Labour.
Guido advocated a Tory – LibDem non-aggression pact when Labour were riding high (Time for Tactical Decisions from CCHQ and Cowley Street). It still seems like a good idea. Having the LibDems as the official opposition to a Tory government would realise Margaret Thatcher’s oft stated ambition – to have a non-socialist alternative to the Conservatives, that would be her final victory. If Labour are attacked by Lib-Dems from second place and don’t waste money attacking second placed Tories in Labour seats they have a chance of becoming the official opposition. Over the border in Scotland the SNP have also removed Labour’s perpetual grip on on power. The total destruction of the Labour Party as a political threat is within grasp if the opposition parties are imaginative…
McCain be warned – don’t meet Gordon Brown – the safety of the free world depends on it…
UPDATE : Met Office issues second day of severe weather warnings for the East of England. A co-conspirator, Lola, reports
Bloody great thunder storm here in Suffolk last night. Rather like a towering Scotch rage. Woke me up. Then I remembered that Jonah was in the general area. I must say it made me giggle.
Jonah Brown, ruining everyone’s holiday in Southwold…
India’s Modi Bypasses Mainstream Media | Index
Bercow on the Knife Edge | Quentin Letts
Welcome to Mississippi | Conservative Women
LibDems Select Hancock Replacement | Blue Guerilla
Carswell Resigning: “Moment Labour Won Election” | Labour Uncut
Why We Need Change | Douglas Carswell
The Howard Roark of Westminster | Guardian
Carswell, the Clacton Cassandra | James Ford
Love Bomb Carswell | ConservativeHome
Denis MacShane’s Ex is Now Hacked Off Spokesman | Speccie
How the Carswell Story Unfolded | Sky News
Douglas Carswell’s side-kick Dan Hannan MEP pours water on the obvious question:
“I won’t be joining UKIP, though I wish Douglas Carswell all the best. He has been a superb MP, and it’s honourable to stand for re-election.”
Owen Jones says:
We also need Zil lanes.