Andrew Mitchell refuses to deny talks on becoming the UK's next EU Commissioner

Former chief whip says there's a "very important job" to be done and confirms that he has met with David Cameron.

Andrew Mitchell has just been interviewed on The Sunday Politics, where he notably refused to deny reports that David Cameron has offered him the chance become the UK's next EU Commissioner in 2014. Whilst quipping that he wasn't going to do his "career planning" live on air, the former chief whip all but confirmed that he had discussed taking up the £250,000-a-year post with Cameron.

"I do see the Prime Minister from time to time but as I say, I'm not going to conduct my career planning today".

He added: "There's a very important job to be done in Europe to make sure that Europe changes in the interests of everyone in Europe but also in the interests of Britain, I don't deny that. But as I say, my central interest at the moment is to support my party in any way I can and to look after my constituents in Sutton Coldfield."

The offer was reportedly made by Cameron at a Chequers lunch for Mitchell last Sunday, a signal of the former chief whip's political rehabilitation. There is a strong feeling among Conservative MPs that Mitchell deserves to be compensated for his enforced resignation over "plebgate" after video evidence appeared to confirm his version of events. Initially it was assumed that this would take the form of a return to the cabinet but Mitchell is now viewed as the ideal candidate to replace Baroness Ashton as the UK's EU Commissioner when she finishes her term as EU foreign policy chief next year. One source tells the Mail on Sunday: "The PM believes Andrew is ideal for the job. He won considerable respect worldwide for his negotiating skills as Secretary of State for International Development, he knows about finance through his banking background, and his record in the Whips Office shows he is not scared to bash heads to get a result."

In an overt display of his interest in the position, Mitchell recently penned an article for the FT ("Europe needs Cameron's tough love"), supporting Cameron's proposed renegotiation of Britain's EU membership and floating proposals including a joint sitting of the UK and Polish parliaments and a joint UK-Dutch cabinet meeting.

Were Mitchell to take up the post, he would be required to resign as an MP, triggering a by-election in his Sutton Coldfield constituency. The Tories currently have a majority of 17,005 (33.6) per cent in the constituency, making it one of the safest Conservative seats in the country. But as Mike Smithson suggests, UKIP, which has a good chance of winning that year's EU elections, will hope to mount a strong challenge if the seat does indeed fall vacant.

Andrew Mitchell, the former government chief whip, leaves his home on January 21, 2013 in London. Photograph: Getty Images.

George Eaton is political editor of the New Statesman.

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In your 30s? You missed out on £26,000 and you're not even protesting

The 1980s kids seem resigned to their fate - for now. 

Imagine you’re in your thirties, and you’re renting in a shared house, on roughly the same pay you earned five years ago. Now imagine you have a friend, also in their thirties. This friend owns their own home, gets pay rises every year and has a more generous pension to beat. In fact, they are twice as rich as you. 

When you try to talk about how worried you are about your financial situation, the friend shrugs and says: “I was in that situation too.”

Un-friend, right? But this is, in fact, reality. A study from the Institute for Fiscal Studies found that Brits in their early thirties have a median wealth of £27,000. But ten years ago, a thirty something had £53,000. In other words, that unbearable friend is just someone exactly the same as you, who is now in their forties. 

Not only do Brits born in the early 1980s have half the wealth they would have had if they were born in the 1970s, but they are the first generation to be in this position since World War II.  According to the IFS study, each cohort has got progressively richer. But then, just as the 1980s kids were reaching adulthood, a couple of things happened at once.

House prices raced ahead of wages. Employers made pensions less generous. And, at the crucial point that the 1980s kids were finding their feet in the jobs market, the recession struck. The 1980s kids didn’t manage to buy homes in time to take advantage of low mortgage rates. Instead, they are stuck paying increasing amounts of rent. 

If the wealth distribution between someone in their 30s and someone in their 40s is stark, this is only the starting point in intergenerational inequality. The IFS expects pensioners’ incomes to race ahead of workers in the coming decade. 

So why, given this unprecedented reversal in fortunes, are Brits in their early thirties not marching in the streets? Why are they not burning tyres outside the Treasury while shouting: “Give us out £26k back?” 

The obvious fact that no one is going to be protesting their granny’s good fortune aside, it seems one reason for the 1980s kids’ resignation is they are still in denial. One thirty something wrote to The Staggers that the idea of being able to buy a house had become too abstract to worry about. Instead:

“You just try and get through this month and then worry about next month, which is probably self-defeating, but I think it's quite tough to get in the mindset that you're going to put something by so maybe in 10 years you can buy a shoebox a two-hour train ride from where you actually want to be.”

Another reflected that “people keep saying ‘something will turn up’”.

The Staggers turned to our resident thirty something, Yo Zushi, for his thoughts. He agreed with the IFS analysis that the recession mattered:

"We were spoiled by an artificially inflated balloon of cheap credit and growing up was something you did… later. Then the crash came in 2007-2008, and it became something we couldn’t afford to do. 

I would have got round to becoming comfortably off, I tell myself, had I been given another ten years of amoral capitalist boom to do so. Many of those who were born in the early 1970s drifted along, took a nap and woke up in possession of a house, all mod cons and a decent-paying job. But we slightly younger Gen X-ers followed in their slipstream and somehow fell off the edge. Oh well. "

Will the inertia of the1980s kids last? Perhaps – but Zushi sees in the support for Jeremy Corbyn, a swell of feeling at last. “Our lack of access to the life we were promised in our teens has woken many of us up to why things suck. That’s a good thing. 

“And now we have Corbyn to help sort it all out. That’s not meant sarcastically – I really think he’ll do it.”