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Diary

I feel sorry for Kwasi Kwarteng

8 October 2022

9:00 AM

8 October 2022

9:00 AM

In Singapore last week, I was asked: do ministers just come in, reach for the dumbest available policy and go ahead without asking anyone what the consequences will be? I explained the mindset. They do not ask because they do not want to hear the reply. In their minds, they are up against old thinking that just wants to keep Britain on the same declinist path – or ‘cycle of stagnation’ as Kwasi Kwarteng described the record of his Tory predecessors – and if you want to break new ground, don’t ask the people who will always say no.

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Peter Mandelson is a former cabinet minister and is now chairman of Global Counsel.

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