The City Will Stick with the Devil It Knows ; As Gordon Brown Sets Out His Plans As Labour Leader, He Is Winning New Respect in the Square Mile and That's Bad News for the Tories

Summary

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WITH the glitz of his formal coronation as Labour Party leader last night, Gordon Brown showed his appetite for change. We heard the first of what will doubtless be an orgy of new initiatives.

And he put the Conservatives on notice that they may have to fight an election next spring.

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The City Will Stick with the Devil It Knows ; As Gordon Brown Sets Out His Plans As Labour Leader, He Is Winning New Respect in the Square Mile and That's Bad News for the Tories

But far more telling than this display was a joke that Brown told last week. At last Thursday's Mansion House banquet, he had launched yet again into the joke he has been telling since he came to office 10 years ago, about being handed three envelopes containing advice from his predecessor...

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