Saving Gordon

Not that anyone in their right mind would want to do anything so foolish, but Sky's resident psephologist reckons that economic recovery is Gordon Brown's only hope of saving his political skin.

From what we know of the prime minister, of course, he will do anything - literally anything - in order to do that.

So if economic recovery is what is required, economic recovery is what will be delivered. So long as growth is positive in a year's time, GB will be content. To that end, expect still more quantitative easing and crazily low interest rates, all designed to engineer a boom in time for the next election.

Oh, wait a minute...

The Bank of England has kept interest rates on hold at 0.5% and announced that it will inject an extra £50bn into the UK economy.

It won't be enough to save him, of course, but he will try and try and try, and if we are all to be taken down with him in the bust that follows the boom, that is not something that Gordon is going to concern himself with.