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Cicero Labour blog: Delegates face the inevitable

One day in and there is a palpable sense of inevitable defeat for Labour looming throughout the conference.

I have now been to umpteen fringe meetings and the sense of lethargy among delegates is tangible.

Much of the rhetoric is about how Labour can re-invent itself and give its own agenda an ‘electric shock’ – but I feel delegates are focusing on the Election after next.

This may be a sensible strategy as the next Election is a good one to loose. There will be no real feelgood factor or bounce for Cameron while the economy remains on the floor.

Labour does seem to be thinking about another term in power in only five years time and preparing for that agenda.

This is something that took the Tories years to do after their massacre in 1997.

Labour’s task now is to reduce the size of the likely Tory majority.

What can the PM pull out of the hat in his keynote speech. Gordon – over to you….


Review round-up

Having joined the Investment Management Association last month, I have been struck by the tremendous breadth of its activities. Much of the work that my new colleagues are engaged in concerns the future shape of the industry. There is a huge amount of regulation and associated consultation in hand.


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