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Cicero Labour blog: Brown straight into action

Well – you have to give it to Gordo – he wasted no time at all in announcing new policies.

Not content with the traditional big build up to the Leaders’ Speech on Tuesday, the PM used the Sunday morning TV slots to start to pump up the action.

And where did he turn for some knockout excitement – you’ve guessed it – the financial services industry – now the bete noir of the entire political class.

For we are to have a Business and Financial Services Bill in November’s Queen’s Speech that will crack down on bank bonuses.

But I can’t help but think there will be more to it than that – and we can expect the wider industry to fall within the scope of the PM’s intent.

The industry must have all eyes on Brown’s final speech to a Labour conference before an Election – to see what else he plans for the sector.

On Tuesday – I’ll be there and will send you my initial thoughts

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Comments

There are 3 comments at the moment, we would love to hear your opinion too.

  1. Cicero Labour blog: Brown straight into action
    Above all else, let us hope that Brown does not appoint as Business and Financial Services minister that odious creep Mandelson. Then again, it’s all rubbish anyway, because nobody but the banks’ customers ~ all us tax payers ~ pay for everything the banks do and spend and pay themselves. The tax payers bail out the banks and the banks milk their tax paying customers to repay the bail out from the tax payers. The end result is that the banks continue to win and the tax payers continue to pay. Funny old world, isn’t it?

  2. Ever decreasing circles…
    ….poof! Gone

  3. Brown into action
    Worst-case scenario is that GB thinks he’ll garner some support by bashing those over-paid bankers and hedge fund managers and bring in some even dafter rules which help no-one and probably won’t win him the election anyway. If he thinks he’ll gain some cheapo extra votes by financial services bashing, he’s got another think coming. Or has he?

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