Tuesday, June 2, 2009

Who Leaked Jacqui’s Exit?

Jacqui

Sky News got the scoop, but who leaked it first and why?  Brown central arguably would rather have not have this come out until the weekend.  Home Office sources were also very much caught wrong-footed.  Are we just at the rolling cock-up stage of government?  It is hard to see who on the government side benefits from leaking this now apart from a deliberate Machiavellian internal saboteur.  Someone with skills in the dark arts of spin who might have decided it is time, for the sake of the survival of his beloved New Labour, to bring down the  curtain on Gordon Brown.   Jacqui exiting in a messy way puts the reshuffle speculation front and centre and adds to the sense of Brown’s government on the verge of collapse on the very eve of an election.  It takes a crisis to precipitate a solution.

Was it the same person who leaked the idea that Balls could go to No 11?

Thursday, March 12, 2009

Now We Know Where Mandelson Gets His Best Ideas

Some people have said that Labour nicks all the Tories best ideas, so the Tories are wise to keep their manifesto plans under wraps.

It certainly looks that way, after Post Office privatisation was taken up by Mandy, one waggish Tory MP welcomed Mandelson to the Thatcherite wing of the Conservative Party. An eagle-eyed co-conspirator draws attention to the document at Mandelson’s feet after he was gunged outside the Carbon Summit. It looks like the Tory environment policy paper.

His chosen reading explains a few things.

Sunday, March 8, 2009

+++ Police Follow Custard Trail, Leila Deen Arrested +++

Friday, March 6, 2009

Mandy Gets a Facial

Thursday, February 26, 2009

10 PPS Sign EDM Opposing Postal Privatisation

Usually the convention is that a PPS who opposes a government motion resigns for the reason that technically they are part of the government, even though they are unpaid. The FT’s Westminster blog lists ten PPS who have signed the EDM opposing Mandelson’s plans to make the Royal Mail pay:
David Wright (PPS to John Hutton), David Anderson (Bill Rammell), Claire Curtis-Thomas (Baroness Scotland of Asthal), David Hamilton (Ed Miliband), Mark Hendrick (Jack Straw), Stephen Hesford (Vera Baird), Sharon Hodgson (Dawn Primarolo), Ashok Kumar (Hilary Benn), John Mann (Tessa Jowell), Stephen Pound (Stephen Timms)

Laura Moffatt is a former PPS to Alan Johnson, her opposition might be a sign of where he really stands. Nick Brown, Gordon’s long time henchman and now chief whip is also said to be not keen mon the bill. It is getting a bit like the dying days of the Major regime when euro-sceptics openly defied the government…

Wednesday, January 28, 2009

Maserati Mandy Motors

Lord Mandelson’s new found willingness to support the “British” car manufacturers is touching. When he tried to get an £80,000 Italian Maserati mid-life-crisis car as his official car out of the EU budget he was less supportive. He was in fact angry that penny-pinching bureaucrats blocked his turbo-tax-powered transport.

It would be a little more credible if the Labour Party last year had listened to the industry when they, in the name of Green taxes, whacked hundreds of pounds extra in tax on all those models that have stayed in the showrooms since. Forgetting that jobs depended on those cars being bought. It is an entirely foreseeable consequence of jacking up taxes that demand has been suppressed over and above the credit crunch problems…

Wednesday, January 14, 2009

Business Lending Package, Too Late and Too Little

Guido’s main concern about the Tory plan to insure bank-to-business lending was that it would encourage risky lending in a failing economy. The lenders would not really have to worry too much about the risk because the taxpayer would pick up the tab. The government’s scheme will provide banks with guarantees covering 50% of the risk on existing and new working capital up to £20 billion. It shares the risk between the banks and the taxpayer, encouraging the banks to lend for the same profit for half the risk. This is in some ways smarter than the Tory plan.

The small business component is for a £1.3 billion of bank loans with a government guarantee of 75% to cover working capital. Presumably this is to reflect the riskier nature of small business lending. This is a drop in the ocean and will barely be noticed. We are six months into the credit crunch. The options were admittedly not very palatable. Why did it take so long to put a plan into place? Could it be Mandelson wanted to get the politics right to fit his timetable of spin? No rush..

Tuesday, January 13, 2009

More Mortgage Questions for Mandelson

Is history going to repeat itself? Greg Hands is asking how Mandelson made the money dealing in property in his constituency to install himself in a £2.5 million Regency villa. Mandelson admits to receiving money from Alain Minc, the mysterious French fixer who was an adviser to former premier Édouard Balladur and now makes his millions “fixing” things. Monsieur Minc is worth examining closely…

When Guido looked into Mandelson finances a few months ago he was given the impression that Mandelson trousered £1 million from his brief involvement with the Clemmow Hornby Inge advertising agency – a pretty good return on the £30,000 he invested. This plus an inheritance enabled him to finance his multi-million pound home. Gilligan reveals that the inheritance was not that big. New information has now come to light revealing something unexplained about the sale of the shares.

Something that didn’t come out in the Gilligan article is the nearly 12 month gap between Mandelson selling his shares for circa £1 million in summer 2007, and the purchase of the property in August 2006. Did he get another bridging loan from a benefactor, or did he get a bridging loan from a bank? If so, did he use the shares as collateral for the loan?

Tory backer David Ross was forced to resign his position for failing to declare that he had used his shares in Carphone Warehouse as collateral to finance property deals. Mandelson has been in trouble and had to resign before over declarations about his mortgage…

How Does Mandy Afford to Live on Millionaire’s Row?

Andrew Gilligan is digging into how Lord Mandelson can afford to buy a £2.5 million Regency villa on Regents Park. After all he has been a poorly paid public servant for over a decade…

Tuesday, December 30, 2008

Mandy in Marakesh

Apparently the Dark Lord is in Marakesh, this tip-off has just arrived in the inbox:

My sister just txted me from Marakesh. Mandy spotted with a young boy. Unfortunately she is not politically nerdy enough to have followed up the spot so the trail is cold. Not much of a tip-off but it may be the start of a trail.

Anyone out there got a camera-phone?

One night in Marakesh some years ago Guido was in a taxi with a champagne-filled Irish girl (not Mrs Fawkes). She somewhat louchely dared Guido to procure some professional company for the night. Guido turned to the taxi driver (from whom we had already obtained some local hashish) and asked him to take us to a brothel. He didn’t bat an eyelid and simply asked “boys or girls?” Guido turned to his companion and asked her what she fancied… well when in Rome…

Seen Elsewhere

Labour’s Plan to Attack Part-Time Boris | Standard
Ex-Sun Hack Cleared After 582 Days on Bail | MediaGuido
11 Times Boris Denied He Would Stand for Parliament | Buzzfeed
Attacking UKIP’s Posters is Counter-Productive | Guardian
Sarkozy Tried it on With Hollande’s Ex | Times
Another Spare Room Subsidy Cut Success | Harry Phibbs
Rich Now Have Less Leisure Than Poor | Economist
UKIP’s Immigration Policy Promotes Migrant Entrepreneurs | Breitbart
Another Feminist Lecture | Laura Perrins
UKIP Posters Bad Economics But Good Politics | James Delingpole
Tories Losing to UKIP in Scotland | ConHome


new-advert
Guido-hot-button (1) Guido-hot-button (1)


A confused Nick Griffin says Nigel Farage is a shill for the City, forgetting that City banks want to stay in the EU:

“Farage is a snake oil salesman, but a very good one. His supposed anti-immigration stance is all smoke and mirrors, as is his carefully cultivated image as a ‘man of the people’. The truth is that UKIP is a pro-immigration party that exists to lobby for the interests of the City of London.”



Alexrod says:

It’s money innit.


Tip off Guido
Web Guido's Archives

Subscribe me to:






RSS


AddThis Feed Button
Archive


Labels
Guido Reads