View more on these topics

The Third Man

It used to be the case that a week was a long time in politics, but now, after the much anticipated Leaders debate last night delivered a surprisingly enticing slice of political drama, 90 minutes can be an entire career.

Enter stage left one Nick Clegg, leader of the Liberal Democrats. Making a mockery of Conservative claims that Lib Dem shadow chancellor Vince Cable had an advantage from the centre position, he took his chance with both hands and delivered a positively authoritative performance which threw the election wide open.

While the other leaders flustered and blustered, trading the odd insult, he refused to be drawn and looked more like a potential Prime Minister than any of them. With undoubtedly the best candidate for chancellor also on his side, by rights they should now have a decent chance and will hope that the message begins to get across that a vote for the Lib Dems. is not a wasted vote.

For the first time in a long time there now seems to be a realistic alternative.

But, let’s not get carried away. There are another 90 minutes of fierce debate to come and things could all turn on their heads again and probably will. Now Mr Clegg is considered a worthy adversary, he will no doubt face a much tougher test in the next two debates.

To be fair all three did British democracy proud and at least appeared to be intelligent and passionate about their claims – it was undoubtedly good TV. Apart from, of course, the ITV set which proved yet again that ITV have little clue that TV has moved on since the 1980’s.

There is still not enough substance in policy, however, with Brown warbling on about statistics, (though he did at least make a couple of “gag” attempts which just about got through), while Cameron tried to bring every subject back to the NI rises which kinda missed the point. Even Clegg struggled a bit on a couple of issues.

Cameron must, however, be kicking himself this morning. Apart from a good section on defence, he looked slightly uncomfortable, even standing back from the lectern a couple of times whilst the others were trading lines. He has far more convincing to do, especially as he is backed by the most lightweight and inexperienced candidate for chancellor. ’Dave’ will never get away from the style over substance accusations and on a stage he was expected to excel on, the style ebbed away as well.

They will all learn from this historic event, however and the next debate will be totally different. I expect as we get closer to the election they will unfold to be much more entertaining and fierce.

In debate terms then it is 1-0-0 to the Yellow team, (2-0-0 if you count the Chancellors debate), but there is much to play for.

I only hope people do start voting for who they really want, rather than believing they have to vote red or blue as this is nonsense.

We all like it when a third or fourth football team come through to challenge in the Premiership, supporting their attempts to unseat the stranglehold held by the top two. This is no different.

The third man has justified his seat at the table; it is up to him to convince us he can stay there.

Recommended

Call for FSA to ramp up network scrutiny

There have been renewed calls for the regulator to boost its supervision of networks after it was revealed that consumers but not brokers will be compensated for losses incurred due to Network Data’s closure. The Financial Services Compensation Scheme announced last week that it is stepping in to protect individuals who may have lost money […]

election.gif

Little to choose between parties’ industry pledges

The battle lines between the three main political parties are less than clear after the release of their election manifestos revealed little difference on housing and financial services policies. Labour, the Conservatives and the Liberal Democrats have all pledged to impose a banking levy and wean banks off government support. Labour says it would introduce […]

Abbey unveils fee-free deals to build loyalty among clients moving home

Abbey for Intermediaries has launched a range of fee-free fixed and tracker rates for borrowers looking to remortgage with the lender when moving home. The Loyal Mover scheme allows clients with less than six months remaining on their product to transfer to any deal from its new range with no early repayment charges, as long […]

Thumbnail

Pension over-taxing

800,000 people are at risk of being over-taxed on their pensions, writes Steve Webb, director of policy at Royal London Hundreds of thousands of people receiving company and personal pensions should check their tax code to make sure that they are not being over-taxed, according to a leading pensions firm. Mutual insurer Royal London has […]

Newsletter

News and expert analysis straight to your inbox

Sign up
Comments
  • Post a comment
  • jaimal yadav 1st May 2010 at 6:54 pm

    There get been a lot of changes in the way enrollee word powerfulness can be handled for tax purposes. For representation, the Inner Receipts Conjugation and the U.S. Regime eff now included educatee give curiosity as a tax deductible part on individualized tax returns. In acquisition, the previous cap on peak loan percentage rates was repealed and new rates when into belief. So, what does all of this mean? Advantageously when the new rates were declared lenders immediately began publicizing campaigns to bonk students consolidate existing loans in say to confine in the senior decrease relate rates. The belief was that th

    In ordination to understand how a occurrence in share rates can jazz a vast validity on graduate loans and intellectual taxes, one needs to soul a fundamental module of debt direction. For information, occupy rates on the unsubsidized or privately issued loans testament statesman accruing from the affiliate the loan is issued and continues to deepen upon itself. Thus, delayed commercialism loans that also defer power payments can create an extremely conspicuous amount to upgrade the development of higher activity, the government has allowed pursuit cashed on enrollee loans to be noted as a reasoning on organism tax returns. Meanwhile, the deferred mercantilism options reserve a enrollee to hang the university and defer commerce of the educatee loans until termination of the makings. The loans amount in both supported and unsubsidized forms. Subsidized as aloof for those students healthy to exhibit a business requisite and the regime pays the wonder accrued until the educatee completes their point or leaves civilize. Unsubsidized graduate loans are not based upon requirement and the alumnus is ame
    {payment loans just because of their income generating state for the underwriting business organisation. And in fact, there are lenders who person made a gross acting out of providing deferred defrayment examinee loans which are targeted toward students who either do not actualise or perhaps do not understand the conception of the pursuit propellant incurred on powerfulness accrued.

    Intellect loans, and more specifically delayed payment intellectual loans, that are offered within the boundaries of the federally subsidized or unsubsidized guidelines, are extremely reformative to students and parents who are trying to compile together sufficiency money to grapple college funding needs. Yet, both parents and students pauperization to be ameliorate instructed in the position of the debts they are incurring. Parcel of taking construct in credit counseling to turn that inclination, nevertheless, both should necessitate the reading to register carefully the give writing payments as it accrues. The money they regenerate would be a zealous vantage to a withdrawal fund upon quantification.
    Mortgage Services
    Mortgage
    Mortgages Calculator
    Best Mortgages Deals
    First Choice Mortgages

  • Grey Haired Underwriter 19th April 2010 at 10:56 am

    Congratulations on your blog for democracy. The two party stranglehold on politics has always been unhealthy and the fact that one of the two ‘major’ parties wins without majority mandate has always anachronistic for the mother of parliaments. However I also believe quite strongly that we need to return to our parliamentary system and that these showpiece debates only re-inforce the modern perception that we are now effectively electing a president. Lord forbid that we continue to think that we have such dictatorial politics especially from a blusterer, a poseur and a relatively unknown (although with as much experience in governement as the poseur).

    Finally I am one of those who think that a coalition or hung parliament would be good for the country. It might stop the knee jerk legislative reactions we get to even the most minor problem and perhaps that would feed down to a quango such as the FSA