An election is now likely well before 2015
December 11th, 2011The sky has never looked darker in this generation. Britain has been marginalised on the sidelines and its influence thrown away with Washington, Beijing and New Delhi solely to protect the City of London from regulation, when actually it urgently needs regulation, and a catastrophic veto won’t even protect the banking sector anyway from any future EU directives on financial services regulation. Never has so much been thrown away for so little. The narrow blinkered obsession of the unreconstructed Tory Right has triumphed, as it did with the Corn Laws in the 1840s, appeasement in the 1930s and resistance to de-colonisation in the 1940s, but this time never has the tail wagged the dog with such disastrous consequences. Not even Thatcher’s support for the ‘yes’ campaign in the 1975 EU referendum dissuaded them. But it doesn’t end there. (more…)
