Ed Miliband leads “new generation” of Labour

David concedes with great dignity.

Despite predicting in the New Statesman in December 2008 that Ed Miliband would succeed Gordon Brown, I am still stunned by what we have just seen in the conference hall in Manchester today.

There is no point in pretending Ed's defeat of David isn't one of the most dramatic stories in modern British political history. This is a tale of ruthless and focused determination, based on what Ed regarded as an importantly different set of policies. The result is that the Labour Party has today moved clearly on from Tony Blair.

Yet it was so close: David was ahead in the first three rounds and it was only at the last that Ed pipped his elder brother. David was the first on his feet. He embraced his brother warmly. He listened intently. And he kept his smile on throughout. But there is no hiding the fact that what has happened here today is a tragedy for him, one of the brightest and best in the Labour movement.

Ed will desperately be hoping he can unite his party and his family. Time will tell. In the meantime, this party prepares to walk out of the shadow of Tony Blair and Gordon Brown. The Tories will claim they are happy with the result. Yet Ed is one of the most charismatic and alluring politicians of the age. The fight for power at the next election has begun.

One word of warning, though: there will be endless -- there already are -- attacks from Tories saying Labour is controlled by the unions. Much of it will be nonsense. However, Labour would do well now to consider splitting with the unions which -- as with the C of E and the state -- would be in both parties' interests.

James Macintyre is political correspondent for the New Statesman.
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Theresa May defies the right by maintaining 0.7% aid pledge

The Prime Minister offers rare continuity with David Cameron but vows to re-examine how the money is spent. 

From the moment Theresa May became Prime Minister, there was speculation that she would abandon the UK's 0.7 per cent aid pledge. She appointed Priti Patel, a previous opponent of the target, as International Development Secretary and repeatedly refused to extend the commitment beyond this parliament. When an early general election was called, the assumption was that 0.7 per cent would not make the manifesto.

But at a campaign event in her Maidenhead constituency, May announced that it would. "Let’s be clear – the 0.7 per cent commitment remains, and will remain," she said in response to a question from the Daily Telegraph's Kate McCann. But she added: "What we need to do, though, is to look at how that money will be spent, and make sure that we are able to spend that money in the most effective way." May has left open the possibility that the UK could abandon the OECD definition of aid and potentially reclassify defence spending for this purpose.

Yet by maintaining the 0.7 per cent pledge, May has faced down her party's right and title such as the Sun and the Daily Mail. On grammar schools, climate change and Brexit, Tory MPs have cheered the Prime Minister's stances but she has now upheld a key component of David Cameron's legacy. George Osborne was one of the first to praise May's decision, tweeting: "Recommitment to 0.7% aid target very welcome. Morally right, strengthens UK influence & was key to creating modern compassionate Conservatives".

A Conservative aide told me that the announcement reflected May's personal commitment to international development, pointing to her recent speech to International Development staff. 

But another Cameron-era target - the state pension "triple lock" - appears less secure. Asked whether the government would continue to raise pensions every year, May pointed to the Tories' record, rather than making any future commitment. The triple lock, which ensures pensions rise in line with average earnings, CPI inflation or by 2.5 per cent (whichever is highest), has long been regarded by some Conservatives as unaffordable. 

Meanwhile, Philip Hammond has hinted that the Tories' "tax lock", which bars increases in income tax, VAT and National Insurance, could be similarly dropped. He said: "I’m a Conservative. I have no ideological desire to to raise taxes. But we need to manage the economy sensibly and sustainably. We need to get the fiscal accounts back into shape.

"It was self evidently clear that the commitments that were made in the 2015 manifesto did and do today constrain the ability to manage the economy flexibly."

May's short speech to workers at a GlaxoSmithKline factory was most notable for her emphasis that "the result is not certain" (the same message delivered by Jeremy Corbyn yesterday). As I reported on Wednesday, the Tories fear that the belief that Labour cannot win could reduce their lead as voters conclude there is no need to turn out. 

George Eaton is political editor of the New Statesman.

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