Gordon Brown’s ‘bizarre’ ambition to bag global finance job

GORDON Brown’s ambition to hold a top global finance job was described as “bizarre in the extreme” by a leading think-tank.

Published: 20:27, Tue, December 2, 2014

Gordon Brown former Prime ministerGETTY

The Former Prime Minister announces he is standing down as an MP

The ex-Labour Prime Minister, who has announced he is standing down as an MP next year, has his eyes fixed on an international economic role according to his former special advisor.
Mr Brown, who also served as Chancellor for 10 years, lost the 2010 General Election, leading Labour to its worst election result since 1983.
When he left the office, the Government spending deficit was more than £100billion – a figure the current Chancellor George Osborne has vowed to wipe out by 2018.
The notion that Mr Brown could seek another high profile finance role was met with surprise by Tim Knox, the director of respected think-tank the Centre for Policy Studies.
Mr Knox said: “I thought that pride normally comes before the fall, but in this case it has come after the fall.
“It’s bizarre in the extreme.
“The economy was a golden inheritance for him in 1997, and when this was pointed out to him his response was ‘What do you want, me to write a thank you note?’
“When he left in 2010 the economy was in tatters, a large responsibility for which must lie at his door.”
After losing the 2010 election and resigning as Labour leader, Mr Brown went to self-imposed exile and rarely turned up for House of Commons debates.
He remerged earlier this year to spearhead the ‘No’ campaign ahead of the Scottish Referendum.
When he left in 2010 the economy was in tatters, a large responsibility for which must lie at his door
Mr Knox
Mr Brown ruled out a place in the House of Lords in his resignation speech on Monday, but former special advisor Damian McBride revealed he is looking for another top political post.
Mr McBride said yesterday: “What he would like to do, ultimately, is get back into management of the international economy.
“If you remember when he steered the world, if you like, or at least steered other world leaders through their response to the financial crisis.
“That was something he did incredibly effectively and he’s one of the few people who has that grasp of all of the global economic issues.”
While Mr Brown has been receiving plaudits since he announced his resignation, as recently as September Shadow Business Secretary Chuka Umunna said the former Prime Minister “hurt Labour’s economic credibility.”
In a magazine interview, Mr Umunna said Labour’s current poor ratings on economic competence in the opinion polls “were sown under the last government and Gordon – for whom I have a lot of respect – his refusal to use the word ‘cuts’ in trying to frame the economic debate as [Labour] investment versus [Tory] cuts gave the impression we didn’t understand that debt and deficit would have to be dealt with.”
Tory MP Stewart Jackson was damning in his assessment of Mr Brown’s contribution to public life.
The Peterborough MP said: “Gordon Brown will be remembered for his divisive and brutal politics, selling gold on the cheap, trying to hide the fact that he broke a pledge to hold a referendum on the Lisbon Treaty by lurking in the shadows, jettisoning the 10p tax rate, rubbishing those worried about immigration and for letting rip with debt and borrowing in the good times.”

Leave a Reply

Your email address will not be published. Required fields are marked *