Paterson Doth Protest Mystery of Minister, MP, Lobbyists and Empty Wine Glass

The Secretary of State for Environment, Food and Rural Affairs, Owen Paterson is rather cross with Guido over the suggestion he was drinking with lobbyists late into the night on Wednesday in the Intercontinental Hotel bar while large swathes of the country were still underwater. His people claim that although he was with the lobbyists on Wednesday and that it was late at night and that it was the posh Westminster Intercontinental Hotel bar, what Guido said was greatly defamatory. Apparently he wasn’t drinking. As you can see from the pictures, Guido must have been confused…


So who were Owen’s companions? Well Hanover Comm’s Charles Lewington was there and former Tory Energy Minister Charles Hendry, the current Tory MP for Wealden, was loitering in the background (to the left in the picture) in a manner which is surely entirely unrelated to the £5,000 plus-a-month he is paid by various energy companies. Hanover represent those mother-frackers Cuadrilla as well as Shell UK, amongst others. Coincidentally Lewington and Hendry chatted at length the very second that Paterson left the room after 25 minutes of, apparently, not drinking in the bar. Guido is sure that the floodplains of Somerset were high up on their late night, cosy and totally dry agenda.




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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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