Clarke, Clegg and Mandy Eat Euro Humble Pie

Guido has been amusing himself with some lunchtime reading thanks to Open Europe concerning the ill-fated predictions of some past supporters of the Euro. Watching Westminster’s major players eat humble pie never gets boring.

What they said then:

“Opponents of the euro have been disheartened as their predictions of chaos and disaster have failed to materialise.” – Ken Clarke, 2002

“If we remain outside the euro, we will simply continue to subside into a position of relative poverty and inefficiency compared to our more prosperous European neighbours.” – Nick Clegg, 2001

“While we are using a different currency from the rest of Europe we are trading in this market with one arm tied behind our back.” – Peter Mandelson, 2003

What they say now:

“I never advocated joining at the exchange rate, we never could have joined in the exchange rate in 1997.” – Ken Clarke, 2010

“I don’t think the euro is for now…I accept that Eurozone interest rates over the last few years would have been wrong for Britain.” – Nick Clegg, 2010

“The competitive value of the pound is helping exports and increasing the sourcing of manufactured goods in the UK.” – Peter Mandelson, 2010

Awkward…

Via @oflynnexpress.



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Andrea Leadsom told BBC Radio 4’s Today

“He’s made his views on Brexit on the record, and the problem with that of course is that the chair’s impartiality is absolutely essential. … He’s made his views known on Brexit… it’s a matter for him but nevertheless it’s a challenge and all colleagues need to form their own view of that.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.