Philip Webster, Political Editor
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Gordon Brown has for the first time been forced to address questions about his leadership, insisting that he has no intention of quitting in the face of internal sniping and media criticism.
Pressed three times in a Sky News interview about his future, he finally said: “I’m starting a job that I mean to continue.”
Speaking ahead of his visit to the US this week, the Prime Minister said the so-called special relationship would outlive President Bush’s tenure in the White House.
“The co-operation between our two countries arises not just because we work together on specific issues, but because we share the same values,” he said.
Mr Brown would not be drawn on his views of the US presidential candidates, saying only that he was looking forward to meeting them. “It’s a decision for the American people,” he said
Speaking after a summit with bank chiefs, Mr Brown insited he understood the financial difficulties facing families after criticism from Labour MPs that he sometimes appears out of touch.
After meeting bank leaders to urge them to pass on rate cuts to their customers, the Prime Minister said he was determined to make the right “long-term” decisions for the country rather than those that brought short-term popularity. “What people would not thank me for is taking the wrong long-term decisions,” he said. "The right long-term decisions are to keep inflation low and keep interest rates low."
Downing Street said Mr Brown and the bank chiefs discussed the “next steps” in securing the financial system amid evidence of a sharp slump in property prices. He wants to take measures to encourage banks to start lending to each other again by pouring more liquidity into the market. Lenders will be able to use lower-rated securities as collateral for loans from the Bank of England.
The Government is also under pressure to help people to deal with rising costs of key commodities, such as food and fuel There was slightly better news for Mr Brown when inflation figures showed that the official rate held steady at 2.5 per cent last month rather than rising as many had expected.
David Cameron, meanwhile, launched a searing attack on the Prime Minister for being “arrogant” and “out of touch”. The Conversative Party leader said that the Government had wasted money “on a gargantuan scale” in the past decade, when it should have been preparing for leaner times
Mr Brown met bosses from Lloyds, Barclays, HSBC and Royal Bank of Scotland during a 90-minute summit. Mr Brown has emphasised that keeping the economy on track is his "sole focus".
No 10 said the talks were not a crisis summit and had been in the Prime Minister's diary for some time. The Prime Minister had "welcomed the opportunity" to talk to a wide range of financiers about the situation, with further discussions set over the coming days.
A spokesman said the financial system was being backed by the Bank of England putting an extra £15 billion liquidity into the markets, taking its recent total to more than £50 billion.
"We have been working with the Governor of the Bank of England for some time on further proposals to support the financial system and help the functioning of the money markets," he said.
"In particular to help those segments of the market that have been most affected, building on the consultation on medium-term reforms to the banking system which we published in January."
The talks come as the Royal Institution of Chartered Surveyors reported that its members had their gloomiest view of the property market since its survey began in 1978. The proportion of surveyors claiming prices are falling hit a new high during the month, with 78.5 per cent more saying the value of property had dropped than those who reported a rise, it added.
Mr Brown said that the Government would do everything in its power to help ordinary people. “I’m not complacent and I will always be vigilant,” he said. “I wake up in the morning thinking what can we do to help homeowners to help those people who have got small businesses, people looking for jobs, people wanting opportunities so they can have better jobs for the future.
“We will do everything in our power to make sure we’re on the side of ordinary hard-working families who need a government on their side.”
Asked about grumblings within the Labour ranks about his leadership, the Prime Minister, said: “I’m a person who has set the Labour Party on a course of making the long-term decisions for the future of our country.
“Of course when we have an economic downturn affecting Britain, people will immediately start asking what more the Government could have done. I think we now are taking the actions that are necessary, we are looking at further measures to help people in this difficult situation.
“I’ve been through these economic difficulties before and I think eventually people do see you are trying to do the right things by them."

Sam Coates's blog about Westminster, politics and spin
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It only goes to show that the sooner we give Scotland their independence and rid of incompetent Scottish management drain on England the better
Tony, Southend, Essex
âWhat people would not thank me for is taking the wrong long-term decisions,â - Er ????
Gordon - you've already done that and you're right about one thing at least - we don't.
Sam, Lyndhurst,
"You can't force me out of No. 10"
Sounds a bit like Mugabe?
ZanuLabour strikes again.
Bry Barnes, Somerset, Uk
Brown, you're not out of touch, just simply out of your depth....and drowning pitifully.
Tom, St. Albans, England
"Doubters won't force me out of No 10, says Gordon Brown"
The fact he needs to say such things shows how bad the problem has got. We wouldn't be asking about his future if he had one.
Peter Davies, Halifax, West Yorkshire
Gordon Brown has done more to ruin England and achived his ultimate goal of Scottish rule and the destruction of England, where for 400 hundreds years, no scotsman has been able to achieve this goal. The man seem intent on bringing this country to its knees. Why dosnt he do the right thing and go back to his beloved Scotland!. This country needs a strong leader. Not some wishy washy spineless man who cant seem to make a decision on anything. Please be strong and admit you are NOT up to the job. Good men are dying every day as a result of you!!
PH, Peterborough,
Yes you are!
Robert, Hull, East Yorkshire
Speaking as a beleagured Englishman, struggling with a very significantly increased cost of living, I don't really care how much more I have to pay for food, housing and petrol, as long as it hurts this indecisive, ineffectual, unelected, so-called prime minister more than it hurts me.
Watching 'new' labour turn on Gordon Brown is certainly going to keep me entertained for the forseeable future.
j griffiths, manchester, england
Inflation is appx 8%.
His insistence that it's closer to 2% just show's how much contempt he has for the British people.
It has become a running joke on a lot of forums now "This 2% inflation is killing me!"
Get lost Brown, we're not *that* stupid
Phill , The Wirral, England
Doubters won't force me out of Downing Street. Mm, didn't we hear similar sentiments from Margaret Thatcher? Whatever happened to her?
Neil, Gloucestershire, England
When Blair resigned he warned Cameron to be wary of the 'clunking fist' of his successor. Not much evidence of the 'clunking fist' so far
a melvin, london,
Wake up journalists and others. The problem is not Prime Minister Brown. It is the system of government that survives in Britain. A new constitution would be a good start which ensures true democracy, whereby all people can vote on all legislation.
Prime MInister Brown is doing a great job with what he was handed by others and that includes an out moded government system which cannot cope with the demands of the modern world.
Jim Wills, Brisbane, Australia
The Prime Minister is in a classic 'Catch 22'; spin the CPI inflation figure to 2.5% to keep wage increases to a minimum and then expect the people to afford their mortgage repayments when real inflation is running at nearer to 10%. A better alternative would be to come clean on the true inflation figure and let wages rise at the same time; mortgage repayment problems would be resolved and the price correction in the housing market would be less severe. Its obvious isn't it?
john, milton keynes,
Should I stay or should I go ? 10p Gordon, on your way !
Victor, London, UK.
Brown represents an autocracy, when people in this country want democracy.
steve tea, manchester, cheshire
Here, we largely have the whining of a load of disgruntled Tories.
However, as yet I have heard nothing from the Tories which would suggest policies would be significantly different. Rather the opposite, indeed.
Still, at least if they do get in, we won't have a repeat of the Thatcher years which did so much damage.
Mike Homfray, Liverpool,
Re. The so-called Thatcher "rabbit out of the hat" - two recessions, 3 million unemployed,15% interest rates, pit closures, council house sales leading to a shortage of housing for those who can't afford extortionate mortgages, and worst of all - the privatisation of our utilities - water, gas, electricity, now almost all foreign-owned and charging extorionate prices. And this from the so-called party of patriotism. Ditto the railways.
The tragedy of Brown and Blair's Labour Party is that rather than consider re-nationalisation they have carried on the failed free-market privatisation dogma that we voted out in 1997.
And those moaning about taxation - what Thatcher did was shift the burden of taxation from the rich onto the middle and lower classes. Yes those of us in those brackets are taxed heavily - whilst those at the top often find cunning ways to pay no tax at all. We should be looking at getting those to pay their fair whack - again something Labour should have addressed.
RobD, London, England
The anti-Brown bloggers are beginning to sound like the anti-McCann bullies. Hitting a man (or woman) when they're down, with no reason or common sense to back it up. For heaven's sake, house prices are going to dip a little, thank God. It's not the end of the world. But the Tories are losing the plot. Yesterday Osborne compared the UK economy to Egypt's and Pakistan's. He's lost all sense of proportion. The UK is predicted to have 1.6% growth next year. WHAT IS THE PROBLEM?
William, London,
Can't remember how we voted Brown into No10.
Ian, Bristol,
It just shows how blind some people can be.
judy, Liverpool, England
brown the limpet, clinging to his job...
isn't the pension enough? go, man go!
how dire does it have to get?
grindles, London, england
"when inflation figures showed that the official rate held steady at 2.5 per cent last month "
Just got my car insurance bill this morning..A 32% increase on last year..Mortgage renewal up 35% Gas & electricity Bill up 45% on 2 years ago!
Richard Philpotts, Stratford-Upon-Avon,
This man has been solely in charge of our economy for 11 years, he inherited a healthy and wealthy state and has completely made a pig ear of it and he wants to cling power at the top job.
Give us a break Brown and go before the damage you do is beyond repair, be more like one of those BA Managers and admit you have made a bloody big mistake and say your sorry and never return to public life.
Dan, Loondon, England
Gordon Brown is a joke, but a very bad joke.
I read the political blogs and readers comments to political articles and to he is universally despised. People are angry about the complete mess he has made of running the country. This man is unsuitable for office. The Labour party are imploding.
GB is a fool. The sooner he goes the better. When will he get the message?
Sarah, London,
I don,t think that young people will forget gordon brown as with 180% property inflation they might be passing on their mortgages to the next generation.it,s quite a feat for the uk,s finances to be up to it,s neck in debt as well.
Oh and he still has 2 more years untill he has to call an election.
But lets not forget our old show pony friend tony blair,on second thoughts i think i rather would.
robert, hants, uk
So far, Labour was taking the credit for the prosperity that Margaret Thatcher created for us. She implemented the biggest reforms - she changed the way we think i.e. she taught us that 'there is no free lunch'. Unfortunately, she was succeeded by a complete joker like Major.
Labour, led by socialists/communists/trade unions, adopted the tax and spend policy. In effect, with its taxation policies, it said there is no benefit by working harder.
The need of the hour is to have a powerful leader who can lead from the front and dismantle all the waste that hopeless Labour politicians (including Tony Blair) have created. We need productivity. We need someone with no-nonsense business type approach. But above all they should have the 'credibility' like being successful in running their own business.
At the end of day, each one of us has to change or be prepared to change, then only will we will we elect the right leader...the country cannot afford socialists!
Sanjay, London,
Just go now, before you take us all down with you, down your road of moral and financial bankruptcy.
John Jobling
John Jobling, Melrose, Roxburghshire
Gordon Brown inherited a growing economy from the Conservatives in 1997. As we all now know he hates inheritance... He'd rather take the whole economy down with him instead of passing on what he was given..... remarkable similarities to that other dysfunctional dictator in Zimbabwe..
Simon Wilson Stephens, London, England
So, the banks will be able to use lower-rated mortage securities as collateral for loans from the Bank of England.
But what about the Life Insurance Companies and Pension Funds that are stuffed to the gunnels with these investments bought to provide an income stream for their policy holders and members?
Peter Hooper, Windsor., UK
As chancellor, Mr Brown said he would be "prudent" and "no boom and bust" would exist under a Labour government, so why does the British economy have unprecedented levels of debt, high taxes, and more children than ever living in poverty as families struggle with the cost of living in rip-off Britain?
I hope for all the dithering, he has one hell of a plan up his sleeve.
Paul, West Midlands, UK
BETTER TO RESIGN THAN GO IN SHAME -
Trying to blame the banks for 10 years of spending and trillions wasted on stupid projects- no respect - should hold his hand up and admit it was him.
Shows that he has run out of money when he has to tax the lowest earners who work for it - Hope people on Benefit also get a reduction - they don't work for it!
Margaret, Bristol, UK
Mr. Brown is not fit for the job and I think Labour government has lost it's charm. It's time for a change!
Bonda, Manchester,
There is a certain neatness that the consequences of the poor decisions Brown made as Chancellor are now coming to fruition just as the buck stops on his desk. A well timed promotion! If , as he says, he has always been planning for the long term of our financial security, then why a)did he sell our gold reserves at a 20 year low(gold is now over $1000 per ounce) b) remove the tax band that helped out the people on the lowest incomes c) grant £12 billion(so far)to the NHS computer scheme which is doomed to inevitable failure(also £4 billion and counting to ID cards) d) tax us to the hilt on fuel/food imports to fund same e) oversee the collapse of millions of people's pensions and f) preside over the national debt reaching record levels. How did a nominally socialist government become such bloated, shifty capitalists? Funny,Scotland are doing ok... Oh, I forgot-it's because we're subsidising them through our taxes! How ironic that the English PM's constituency isn't even in England.
Cate, London,
He won't resign. Maybe we shiould the leaders of the countries around us to meet to see if they can persuade him to go - didn't work with Mugabe of course, who knows maybe it will work with Gordon! Seriously, I think Gordon will stay until the next election - the Labour Party are no where near as ruthless as the Tories (or even the Lib Dems) when it comes to getting rid of their leader.
Ian Burgess, Bristol,
This is shocking news, he has done nothing but fail this country, I am planning on moving Abroad by the start of next year. I use to love this country, but now I will glad to escape this sinking ship...
Adam Webb, MK, UK
If Brown is going back to his day job as chancellor so he can give full attention to the credit crunch - Who is going to run the country?? He cant do both - control freakley.. Whats the point of Darling..whats he doing, he should be sorting out..WHat a complete mess..
RK, essex,
The only way this man can redeem himself is by selling our gold reserves now whilst the commodity is hot. Yikes too late he already did that. OK well raid the pension funds to prop up your disastrous socialist ideas. Oh no hes already done that too. Right this might be your last chance nip out and sell every British utility company, heavy industry and manufacturing plant you can get your hands on to foreign owners. Doh.
As an aside your right for once Gordon the doubters cant throw you out but the electorate can and will at the next election.
Cromwell, Leeds, England
"I wake up in the morning thinking what can we do to help homeowners to help those people who have got small businesses, people looking for jobs, people wanting opportunities so they can have better jobs for the future."
One word answer Gordon - RESIGN!
Andy, London,
The more he says, the worse it gets. Our unelected leader has been taking decisions for the long term future for the last ten years and look where it got us. Billions wasted on an education system which still spews out ill educated, ferile yet fertile low lifes, billions spent on a health service which appears no one little bit better than when the Tories ran it for much less, billions wasted on quangos and government non jobs, money grabbing speed cameras erected across the nation on the pretence that they improve road safety; city and town centres turned into nightly, drunken, no go zones, our once beautiful countryside shamefully covered in litter and plastic with nothing done about it; businesses bombarded by endless over regulation, red tape and utterly stupid beaurocracy. Once again our country has been utterly shamed and taken to the edge of bankruptcy by a crowd of no hope con trick Socialists. WILL WE EVER EVER LEARN... TAX & SPEND LABOUR NEVER HAS & NEVER WILL WORK
DENIS DOWEN, HART & MIAMI BEACH, UK & USA
The man lives in a parallel universe ! No wonder they call him 'quantum Brown'.
Max Horne, Isle of Wight, UK
âIâm not complacent and I will always be vigilant,â Brown said.
Oh yes! If he is always so vigilant, how come the UK is in this mess. It seems to me that the warnings, if one can believe the media, have been around for months; since he became PM actually.
And the 2.5% inflation rate; well, it may be a scientifically constructed system but it seems to miss the point. The essentials of life, food, energy, taxes, cost of mortgages, etc. that one HAS TO PAY are going up at far more than 2.5% while the price of unessential goods (TVs, electricals, clothes) are coming down because no one is buying are all lumped together to give this totally false Index. It may have been of value when everyone was buying like there was no tomorrow on âtickâ like the Government, but now when every penny counts it is a truly cynical toy for Government to pretend everything is OK.
Brown says he is doing everything he can. He is not! Let him resign and have an election.
M. Cawdery, Portadown, Co. UK, EU.
My first tip for new PM David Cameron is to have a Financial Services Authority that actually does some regulation.
Northern Rock mortgages of 125% and 10 times annual salary and the government now holds them all. Now they are going to let banks unload their bad debts as well!
The banks tell Gordon Brown to jump and he asks "How high?". Let's hope one of them offered him a highly paid non-executive directorship this morning, so he can move along.
Fred Sly, Elgin, Scotland, UK
"putting an extra £15 billion liquidity into the markets" - is that markets spelt 'MONEY PIT?'
Oh yes I too agree with Rosy, I too have no doubts!
Dawn Francey, Liversedge, West Yorkshire
McBrown is yesterdays man. Actually he is a relic of the 70s and how anyone was stupid enough to think he could have been a modern PM is beyond me.
roger , york,
You all voted for Labour. You now have to pay the price. And there is no Maggie Thatcher to pull the rabbit out of the hat this time.
This country is lost forever.
Tony, Sevenoaks, Kent
I can;t see any reason for him to quit. There has never been a politician that wasn't a waste of space. So what's so different about Brown. Politicians have no real power or ability to make the lot of the the average person any better. In fact they only make things worse by ever increasing taxes and rules to curb freedom
George Sign, Nice, France
The man with a long-term agenda has a short-term future.
tim holden, budleigh salterton,
So he didn't actually say "Doubters won't force me out of No 10" as your headline misleadingly sugests.
Shame
Emerson, Chester,
...perhaps not - but the voters will. The sooner, the better.
Chris, London,
"We will do everything in our power to make sure weâre on the side of ordinary hard-working families who need a government on their side"
You have doubled my tax bill you moron.
We are trying desperately to make ends meet, YOU are just trying to hang on to a job.
Ken Wyatt, Todmorden, UK
We share the same values?
What values?
tris, Dundee, Scotland
"Mr Brown said that the Government would do everything in its power to help ordinary people.
How about keeping the lower rate of income tax for a start!
Propmises,promises.
john, shrewsbury, uk
âOf course when we have an economic downturn affecting Britain, people will immediately start asking what more the Government could have done."
Well, not taxing everyone to the hilt would help. Not having sold half the nation's gold reserves at a rock bottom price - and, like an utter fool, pre-announcing the sale - would have helped, too. Not hiring hundreds of thousands of worthless civil servants with their gold-plated pensions and early retirement age would also have been helpful. As would not increasing national debt to record levels - what sort of idiot Chancellor would borrow to the hilt whilst earning record sums through taxation?
Mike, Brighton, England
I'm no doubter - I'm absolutely certain that nothing Gormless Gordon has ever done has been of benefit to this country.
Be Gone I say!
Mike Bibby, St Albans, England -not Eu
Never elected, he will never be missed!
Let us hope he leaves quietly with least possible damage to the country
marcel, London,
Remember the bragging "boom without bust?" Well the biggest bust since WWII is almost upon us Gordon Brown. Doubters may not be able to force you out, but the voters will. That day cannot come soon enough. You are truly the worst Prime minister ever .
Dave Reynolds, York, England
The absolute clap-trap that this man utters is astonishing. Always vigilant...what does that mean exactly Brown?
In the context terrorist threats to this country and challenges to his leadership I can understand but how is he being vigilant help the poor man on the street pay his mortgage, send his kids to a decent school and afford the basic groceries and fuel?
Maggie, St. Albans, England
"I'm starting a job that I mean to continue." Good God, what new horrors await us?
James, London,
Brown will do what he's told to do by the City and the bosses of all the big banks met him for breakfast today to pass on their instructions.
DickW, Aberdeenshire, Scotland
I'm not a "doubter", I have no doubts. The man is useless.
Rosy Knight, Sheffield,
Could we get Gordon to work for Al-Qaeda ? Within six months the Taliban and all the insurgents would have surrendered and we could bring all our troops back home !
Peter Collins, Brighton, UK
Gordon Brown should be reducing the Tax on fuel. The financial fall out from the US sub-prime is in some ways a distraction. The biggest problem is not mortgages but rising Petrol, Food and Energy admitedly caused by the falling dollar and weak pound.
I think we should introduction of the EPI index. Where E stands for essentials like food, energy,petrol, council tax. i.e The things you cannot avoid. I am sure EPI would be running at 6-8%.
Its getting to the stage where its food on plates that's the issue.
Gordon Brown would have better spent his time with the head of Tesco trying to get them to pass some of the £2bn onto savings on food for customers rather than with the banks.
But then when did Gordon ever do anything right.?Exacerbating the Pensions crisis, Selling all the gold at low value. Refusing a referendum on EU Constitution
Keith Sloan, Nr Winchester, UK / Hants
Oh dear that is disappointing to hear...not great to think we may have to wait until the next general election to see the back of him, and heaven knows what state the country will be in by then, but nevertheless I am looking forward to that day and the end of this incompetent PM and his incompetent party. And whilst the government's incompetence in dealing with the economic woes seems to be grabbing the headlines this is just the tip of the iceberg, the people's disquiet extends far beyond that, for example the creation of a Big Brother surveillance nanny state and the government's headstrong attitude where it only listens to independent expert advice when it suits it to and all other times just ignores it. So much for democracy.
Andy, Cambridge, UK
"people would not thank me for ... taking the wrong long-term decisions,â
You mean like you did when you were Chancellor?
Brown's shortcomings become more apparent every day. He is not PM material and a should be removed asap.
martyn , Yorks, UK
Can't help thinking that with the economy going from bad to worse Gordan has something to focus on,or to actually do, something he hasn't really had since he came into 10 Downing St.
paul, liverpool,
It is ironic that a Scotsman is elected to a UK Parliament, becomes prime minister without a mandate and then destroys the English way of life.The NHS /Post office/Pubs all gasping for last breaths.Any politician who is subordinated to outdated ideology, devoid of any ideas should consider his position.
K C Malhotra, Manchester, UK
âWhat people would not thank me for is taking the wrong long-term decisions,â
Too true Gordon! Having single handedly destroyed the best pensions provision in Europe and given our gold away it is probably an arguable point of view that you have done more long term damage than anyone.
John James, Pontypridd, S Wales
Sad, isn't it, that he can't even tell himself the truth.
Taxing the very poorest and vulnerable elderly ladies means he's in touch? What rubbish!
Go Gordon and at least give labour the sniff of a chance at the next election.
A.Williams, Cradley Heath,
Why should ordinary people be expected to pay for the greed and total incompetence of bankers, their regulators and politians?
If Gordon Brown was in any way sincere in claiming to help "the people" to whom he was elected to serve, then he shoulld order the banks to cut interest rates and if they continued to refuse then he should order his Darling Chancellor to levy a "Win Fall" tax on those very institutions on a daily rate on all their world wide profits until they complied. Why should ordinary decent and honest tax payers have to pay to bail-out the same very people who got us into this crisis in the first place?
JFP, East Twickenham, Middlesex
"We will do everything in our power to make sure weâre on the side of ordinary hard-working families who need a government on their side.â
Yes, such as doubling their 10p tax rate! Nice one Gordon!
Peter, Brixham, Devon
Oh I'm sure, he fought and bullied his way into the job, and no one is going to take it away from him. Sadly his ambitions far exceed his abilities. But then again, he got us into this mess, so it is only right that he should take the credit.
CA, Manchester, UK
This Brown lives in coo coo land
Sheila , sunderland, uk
I have heard these words before from Prime Minister of this country. He will be gone in no time, he was warned about it all no sympathy pack your bags be a man.
Geoffrey Fish, Pontefract, UK
I guess after waiting 10 years for the job he will cling on to it for dear life now. A word of advice Gordon - I'm one of your constituents and I think you should go quietly sooner rather than later. You don't really seem to do anything for this area except appear in the local rag every few weeks to tell us how grateful we should be for a few more call centre jobs. I am so glad I didn't vote for you - you were a lousy Chancellor and now you are a laughable PM who has no fresh ideas. Your party has been in power for too long now and has dragged the UK down with it.
Linda, Fifew,
Gordon Brown says he's not out of touch. This is a man who does nt pay for his TV licence; we, the taxpayers do that for him. He has never learnt to drive a car as he is chauffeured everywhere so he has no understanding about the costs of motoring. He has never had a proper job for any length of time as he entered politics when in his twenties.
This is also a man who recently donated US$ 200 million of taxpayers' money to buy mosquito nets for Africa whilst there are officially three million people in the UK in fuel poverty.
The man is totally deluded.
R.M., London, England
Inflation and interest rates are nothing to do with Brown, or has he forgotten that he gave independence to the Bank of England nearly eleven years ago. Interest rates are the only tool the BofE has to control inflation, the target figure of which is set by the Chancellor. Unfortunately, as the world price for soem goods, particularly food and oil, will keep on rising there is no inflationary pressure that can be resisted by increasing interest rates.
David Leslie, Perth, Scotland