Beneath the Brown Miracle

William Keegan

An analysis of the British economy over the past few years. In spite of a stealth task which the City noticed, the Chancellor has impressed the electorate by keeping finances in good order but promises to eliminate boom and bust were unwise.

Beneath the Brown Miracle

William Keegan Observer

The 7 June General Election in the UK was superbly well timed. The press can only concentrate on one thing at a time, and it had lost interest in foot and mouth, even though the scale of the agricultural disaster was not obviously diminishing. Meanwhile, despite dark clouds on the horizon, the general view was that New Labour had performed wonders with the economy and the nations fitness. Within a decade, it had transformed itself into the Party of Economic Competence, a title coveted ever since the Tories had made fools of themselves...

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