The Prime Minister has insisted that he will not admit he was in any way responsible for the country’s economic troubles, despite being urged to by Alistair Darling.
Mr Brown also rejected pleas from other Cabinet colleagues to issue any sort of apology for the role he played while Chancellor in allowing banks and the City to operate unfettered. He has told aides that he “has nothing to apologise for”.
You\’re absolutely correct of course. The man who designed the regulatory system has nothing to apologise for in a crisis stemming from a failure of the regulatory system. Nothing at all, no siree.