""The purpose of Labour is to repair the social damage of previous Conservative governments. Agsin and again and again. Trouble is it get more expensive each time.""

Sorry SPB, but that's because their stock answer is to throw money in its general direction without any control of how it's misused, and signally fail to get anything like the desired result.

That's precisely why this country isn't floating over the current mire on a raft of gold reserves. Ask Gordon Brown why he chose to flog 'em off when gold reached the lowest price for half a century.

Wilson devalued the currency. Callaghan left office with inflation at 21.9% and interest rates at 15%, and, contrary to what the likes of RB would want you to believe, industry already dead on its feet while Maggie Thatcher was still Leader of the Opposition.

See where this is leading? The case you make has more holes than a lace doily.

Don T.