View more on these topics

Strength required to guide the UK back to prosperity

Let’s hope the politicians can put together a structure that is strong enough to restore the nation’s fortunes


The election is all over at last – or is it? The long months of preparation, campaigning and advertising led to an impasse.

Millions of pounds have been spent and many people’s lives have been turned upside down. And, after all this activity, at the time of writing the nation was coming to terms with a hybrid Tory and Liberal Democrat administration.

I stayed up all night watching the constituencies declare one after the other, hoping against hope that the early exit polls would be wrong and an overall majority would be possible.

And early on it seemed as if my prayers would be answered. The swing of change seemed to be going in the right direction to indicate a decisive switch of mood among the electorate.

But as time wore on it became clear that the exit polls had got it spot on and we were heading for that most dreaded of situations – a hung Parliament.

The television news teams and the national press were in ecstasy. An indecisive outcome was by far their preferred option, with the opportunity for analysing, speculating and endlessly discussing far outweighing the benefit of an outright majority.

This despite the fact that the outcome represented a failure of the system to provide the clear result required to repair our once great nation.

The City’s reaction was telling. Initially it shared my optimism and the specially opened bond market reacted positively to the early indication of a massive swing. The first constituencies to declare hinted that an outright majority might actually be achievable.

During the election the pigs very nearly took over Animal Farm and drove out the humans forever

But it soon became clear this was not to be the case and the bond market plummeted, reflecting the City’s fear that a hung Parliament would result in European-style permanent dithering, squabbling and indecision.

Of course, what the country needs is immediate decisive action to reduce the millions being wasted on non-essential bureaucracy to cut the need for us to borrow money we can’t afford.

The previous government’s social engineering plan to tie voters into its vision by building a state sector so powerful the ruling party could never be removed almost came to fruition.

George Orwell’s Animal Farm was almost completed in the UK and the pigs nearly took over and drove out the humans forever.

Amazingly, although we are a decade into the 21st century the election was contested along old class lines from the early 20th century.

The working class and middle class were pitted against each other by the fear tactics of a few, scaring voters into believing that a new government would result in 1980s-style mass unemployment and social unrest.

Tragically, many individuals believed the chanting of the sheep and voted against meaningful change.

What does all this mean to us? .

Although the political views of Tory leader David Cameron and Lib Dem leader Nick Clegg are poles apart they appear to be honourable men committed to improving the sorry state of our economy, repairing our divided and broken society and rebuilding our damaged international reputation.

Let’s hope they can build a consensus that rescues us from the quagmire we are in.


Lender service has not improved in 34 years as an adviser

I feel compelled to vent my spleen with what I’m sure is a like-minded audience on the familiar subject of lender service. In 34 years of writing mortgage business I have to say that the standard of service offered by lenders at the moment is at best rubbish and at worst insulting. I am not […]


News and expert analysis straight to your inbox

Sign up