Anglotopia

Last week’s budget wasn’t much to write abroad about – very few of us here expected it would be. In truth Alistair Darling had very little room for manoeuvre, Britain’s budget deficit being so high at just under ￡170 billion. Some government backbenchers might have wanted to bribe the electors with a giveaway budget: one of the great Labour myths is that it lost the 1970 election because the then Chancellor, Roy Jenkins, opted for fiscal rectitude in his pre-election budget, rather than indulgence. The Jenkins path was forced upon Darling, though. There was simply no money to give away. In any event, the now unsackable and uncontrollable Chancellor clearly believes that the voters are fed up of, and unimpressed by, the apparently dishonest financial sleight of hand Gordon Brown consistently used when he was responsible for the country’s finances. So he opted for solidity by choice and necessity. Tax on cider has gone up, which won’t please the West Country – but then the Labour vote there is low anyway. The rest of the budget was small beer. Even so, conservative and business commentators lambasted him for not doing more to convince the world he plans to reduce the UK’s national debt, which is only going up. My one complaint was that he did not renew his tax on bankers’ bonuses – surely that would have been a popular move, and would have brought in a useful couple of billion.

Alistair Darling | HM Treasury | CreativeCommons

All of which set the scene for this week’s “Chancellors’ Debate” on Channel 4, which you can see extensive highlights of here. As expected, the Liberal Democrat Vince Cable was perceived to “win” the debate. Even a few years ago there were signs that Cable had a rare political gift – I remember the American pollster Frank Luntz spotting in BBC focus groups that he was notably more trusted than other economic spokesmen. Since the global crisis, though, his reputation has soared along with the deficit, and Liberal Democrats must wish, desperately, that he were their leader. A couple of years ago they dumped their old one (Ming Campbell, who’d got the top job off the back of his star performance as foreign spokesman, leading opposition to the Iraq war) precisely for being too old, and replaced him with the less solid, but more telegenic Nick Clegg. Clegg has been doing reasonably well recently but is still untested, while the other old stager Cable would be the obvious choice now.

Vince Cable | Alex Folkes/Fishnik/Liberal Democrats | CreativeCommons

What’s strange about the current political situation, though, is that Alistair Darling’s boringly “stolid” strategy seems to be paying off – and the Conservative challenge to have become distinctly wobbly. It’s very hard to interpret recent polling because some polls still show Conservative leads of around 10%, and the average lead is something like 6 or 7%; but the common feeling of commentators is that that lead is narrowing. Governments here usually narrow opposition leads during election campaigns, so if current trends continue, we may have the closest general election in Britain for decades. Why aren’t the Tories doing better? Surely, with the country’s finances in such a state and against a tired government with an unloved leader, they should be roaring towards power? Tony Blair’s old strategist Alastair Campbell thinks the answer is that their offering is confused; here’s the Times piece he refers to, which agrees. I think the problem for the Conservatives is that they’ve been caught out badly by the banking crisis and recession – in a way, rather like the Liberal Democrats have.

George Osborne | Ewan McIntosh | CreativeCommons

In 2005 when he became leader, David Cameron launched the Tory party in a new direction, trying to ditch the old image of being in favour of cuts in public services and tax cuts for the rich (an approach that had lost them three elections running, don’t forget) in favour of a much more upbeat message of concern for the environment, health and the quality of life. But just as the Tories had successfully case off doom, gloom came to meet them. Now, events have forced their Shadow Chancellor George Osborne back into arguing for deeper, faster spending cuts, which is comfortable, natural territory for them, but means  they can’t help appearing to have turned one way then the other in recent years, with many voters not really knowing what they stand for. So far, so understandable. But they have also made errors, like allowing themselves still to be cast as tax-cutters for the rich. I’m a Labour supporter, so I’m naturally biased, but there is a real feeling here that some voters – especially fed-up previously Labour voters – are looking hard at the Conservatives and are less sure than they were about defecting. It’s not as obvious as it once seemed that they’ll win on May 6th. But who will? Will anyone?

The civil service is certainly planning for the possibility that no one will. This level of organisation for the eventuality of a hung parliament – one in which no party has a Parliamentary majority – is new, but surely sensible. The civil service is the one institution that can provide continuity and offer practical support to politicians if they need to hammer out an agreement for government this summer. The rule is, basically, that Gordon Brown continues in power until it’s clear he can’t, and someone else can, command a majority in Parliament. That could mean even if defeated, he stays in Downing Street for days or even weeks while he tries to put together some sort of deal with the Liberal Democrats. I’m not sure that a hung parliament would be a disaster for the country: a very close election will undoubtedly be good for political engagement here, and a minority government of either colour depending on Liberal Democrat support could be more stable and effective in dealing with the economic crisis than many fear. What would be damaging, though, is a prolonged period of uncertainty – especially if the leader of the biggest appears appears to be trying to hold on to power illegitimately. Whatever else happens, I hope we don’t go there.

The Seven Stars

Booze-wise, I was in the Seven Stars last week, in Carey Street just behind the Royal Courts of Justice. If I had to name London’s best pub, this is one of the three that come instantly to mind. It’s cosy in winter, and the simple, music-free inside is a brilliant place for conversation. The beer’s terrific (it’s Adnams plus a guest beer or two) and it’s worth ordering food here, too – they serve more interesting than usual pub food, which gives the place a really old-fashioned, almost “eighteenth century tavern” feel. It’s right opposite the back entrance to the High Court, so has a very legal theme – and a nice black cat, apparently called Thomas Paine. I’ll be back in the summer when the place is at its very best, with punters crowding the street outside. I wonder which of the three men above will be in Number 11 Downing Street by then – and how much my beer will cost.