Five years' hard Labour?

Article Abstract:

Labour shadow chancellor Gordon Brown's pledge not to raise tax rates or exceed spending targets was a smart political move. It allays fears that the Labour Party will return to its old ways of tax and spend, if elected. It also quells expectations from party supporters, who may want new programs.

Editorial, Cover Story, Government spending policy, Brown, Gordon (British politician)

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Can Labour learn to love profit?

Article Abstract:

Leader Tony Blair's plan to delete the socialistic Clause Four of the Labour constitution will not satisfy the private sector. Blair must eschew campaign attacks on corporation profits, because only profitability can create sufficient economic growth to fund the Labour social policy agenda.

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Clause Four has claws: nationalisation

Article Abstract:

A source of conflict in the British Labour Party is Clause Four in its constitution, which calls for increased nationalization when possible. Party leader Tony Blair is against it and may face a power struggle over the issue depending on how the nation's unions feel.

Other General Government Support, National Government Enterprises, Government ownership, Nationalization

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