GORDON BROWN

All the evidence suggests that Alistair Darling’s assertion that we are facing the worst financial situation for 60 years is spot on. Venerable American banking and insurance institutions plus Freddie Mac and Fanny Mae have bitten the dust while our home grown banks and building societies have hit their lowest point for a long time.

The world in indeed in the throes of a financial crisis. The credit crunch is hitting us all.

Step in Gordon Brown. The Prime Minister gave an excellent interview on the Andrew Marr show yesterday morning. Grave, in complete control and sounding very wise, he would have aroused confidence in even the most committed prophet of doom.

I certainly feel safe with Gordon at the helm. There are very few people in the world who can match his knowledge and experience in economic matters. Cometh the hour, cometh the man.