News from Labour Matters

Tory frontbencher praises Labour’s handling of the recession

The Guardian reveals that a Conservative frontbench spokesman startled Tory peers by congratulating Labour on its handling of the economy and saving 500,000 jobs:

Lord Freud, a Conservative spokesman on welfare, has congratulated the government on its handling of the recession, saying it has contributed to 500,000 people not losing their jobs.

He also admitted the British experience of the recession has been much better than during the previous recession of 1992, which was overseen by John Major’s Tory government.

Freud, a former businessman who has advised both Labour and the Tories, praised the government’s flexible labour market during debates on the government’s child poverty bill.

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