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Kwasi Kwarteng’s market meltdown

Political Fix

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Labour Party Conference in Liverpool

Labour's party conference in Liverpool was rather different to the first. Unlike Brighton, the mood was calmer and there was a clear feeling that Labour believes it is finally ready and preparing to return to government. There were an awful lot of business people there. I think it was the biggest business presence there since they lost power in 2010. Reflecting the fact that there does seem to be at least a credible chance of Labour winning the next general election. A lot of happiness among Labour delegates who were having dinner with an unnamed member of the Charlotte Cabinet when that U-Guff poll came through. But that sense of optimism is very much tempered by bitter experience - we are now on our third leader

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