View more on these topics

Labour conference: Mandelson says election is “up for grabs”

Business secretary Lord Mandelson says the next election result is “not cut and dried” and that Labour still has a fighting chance of winning.

Speaking at the Labour Conference in Brighton today, Mandelson told members that although Labour are the underdogs, if the party shows the public that it has not lost the fighting spirit and appetite for change then Labour will win.

He also attacked the Tories for not having changed at all over the years, saying that the “old Tory right” was back again, as proven by Cameron’s policies on cutting inheritance tax for the rich and deep cuts to public services.

Mandelson said: “The choice between a Conservative party whose judgements on the credit crunch were wrong, or a party providing leadership in the toughest of times.

“A choice between a party that lurches to the right the second it sees a chance of doing so, or our party that is resolutely in the progressive centre.

“A choice between a party that does not understand the new world we live in or even what has happened in the last year, or a Labour Party that knows the world has changed and we have to change with it.

“Experience and change with Gordon’s leadership. Or the shallowness of David Cameron.”


European plan aims to give risk warning

The European Commission is planning to create three pan-European bodies, including a new European systemic risk board, to detect risks across the financial system as a whole.


News and expert analysis straight to your inbox

Sign up


    Leave a comment