The Weight of the Law

Laws is to make an apology to the House at 1pm. He just reacted to a savaging from John Lyon by saying “my motivation, as the Commissioner has accepted, was to protect my privacy not to benefit financially”. Not good enough.

Lyon hits the nail on the head – Laws is “guilty of a series of serious breaches of the rules over a considerable time”. He can’t come back to Cabinet anytime soon, which must be frustrating for Clegg given the potential opening shortly. So what next for Laws?

Rumour has it, his house in his Yeovil constituency is up for sale…




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Quote of the Day

The FT’s Wolfgang Munchau on the “fake maths” of economic forecasts:

“The truth is that our ability to forecast the future beyond the current quarter is limited… The curse of our time is fake maths. Think of it as fake news for numerically literate intellectuals: it is the abuse of statistics and economic models to peddle one’s own political prejudice… The fakeness of the maths lies in an exaggerated inference. Economic models have their uses, as do opinion polls. They provide information to policymakers and markets. But nobody can see through the fog of the future.”

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