24 May 2008

Is Gordon gonsky?

Will Britain get a new Prime Minister? That's certainly the talk of London this bank holiday weekend. Gordon Brown's year old administration has fallen on hard times. His Labour Party lost big in the recent elections which included a Tory victory in the London mayorial race.

Then this week, the Tories took a conservative seat in a by-election. The seat had been held by Labour for decades prior to this week.

So, the tom toms are out and it's Gordon's head that may be on the line. I'm, however, more in agreement with the lead editorial in today's Financial Times, which urges Brown to hang in there and fix what's wrong. Labour doesn't have to call an election until the spring of 2010, so there is time to fix the mess and hopefully for the economy to recover.

A year ago, Brown was flying so high Labour was considering calling an election last autumn. Now, the party's poll numbers are the lowest they've been since Margaret Thatcher called No. 10 her home.

Personally, I think Gordon remains the PM until he has to call an election.

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