So, the Conservative Party conference finishes and up pops Lord Mandelson on the Today programme to explain the genius idea by Gordon Brown to flog off various State owned assets. I think he was given a very soft ride not least on the fact that selling assets at the bottom of the market is unlikely to realise the prices Brown imagines – Davis could have pressed a lot further. He also might have wondered why a fire-sale that at most will realise £3bn over two years would deal with a deficit that it £16bn and growing? Mandelson must have been grinning from ear to ear as he was also allowed to entirely misrepresent the economic position taken by Japan over the past twenty years. Surely with his economic background, Evan could have interrogated Mandelson a little harder? Or is it all hands on deck to try and save Gordon?
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