Monday 29 September 2008

Conference Monday

Today's big event was George Osbourne's speech which I watched on a screen as there is not enough room in the main hall for all who wanted to hear him. A tough, statesmanlike approach is needed and that's what we got with a firm policy on banks which take unnecessary risks. A fixing of Council Tax for 2 years will be appreciated by those on fixed incomes who have seen the proportion of their personal budget taken up by this tax increase massively. I've been looking at the press coverage of conference and it was always going to be restricted on a day when the Government nationalised another bank, Bradford & Bingley and the FTSE fell to 4,800.
Cllr Tom Day and I enjoyed a lighter moment in the main foyer of the Birmingham International Convention Centre.