Who is going to win the battle of ideas for the future of the Labour Party? Because Ed Miliband and Tony Blair are both fighting for supremacy from their own powerbases. Thankfully, Blair has swung back to become the dominant voice of influence with the research he is providing from his Tony Blair Institute for Global Change. Let’s hope that continues, as deep experience matters.
With Britain now in the throes of a horrific inflationary, cost-of-living and mortgage squeeze, the Tories, however agile, are likely to be punished at the next election. Rishi Sunak promised to halve inflation, and that promise has unfortunately never looked more unlikely. Such is the storm ahead, we must fervently hope that Labour, if it wins, having been out of power for 14 years, will look for support from the broadest coalition of brilliant minds, because the road ahead is bumpy. Seismic adjustments are required and there will be losers; businesses will go under; some people may lose their homes. To bring down inflation, all this will hurt.
