Macer Hall & Martin Evans
January 27, 2009
Gordon Brown was last night accused of “losing his marbles” after hailing Britain’s bloodbath of job cuts as the “birth pangs of a new global order”.
In a speech that risked a furious backlash, the Prime Minister said the recession was his opportunity to forge a new global financial system.
Astonishingly, Mr Brown even claimed to have predicted the current financial crisis 10 years ago. His boasts came as the tally of jobs axed or under threat this month hit 50,000.
In one of the most devastating days since the economic downturn took hold, steel giant Corus confirmed the loss of 2,500 UK jobs and electronics manufacturer Philips announced 6,000 redundancies worldwide.
Theresa May, Shadow Work and Pensions Secretary, said: “It is now clear that unemployment is fast becoming our number one political and economic issue and I fear this is yet more evidence that Labour’s attempts at tackling the recession aren’t working.”
Tory MP David Davies said: “The Prime Minister’s words indicate that he is losing his marbles as well as the economy. Gordon Brown is the last person anyone would want in charge of a new world order.”