Has the IMF taken away Labour’s lifeline?
What does this do to Gord’s core argument? A story that features big across many of the papers today is the IMF assessment that the slump’s impact will be worse worse in the coming year in Britain than in the US, Japan, Spain, Italy, France, Canada and Germany. As the Sun’s George Pascoe Watkins writes the warning is a “big blow” to Gordon Brown who has consistently claimed Britain is in a stronger position to handle a recession than other…