Leader: Land of Hope and Tories

Gordon Brown has left office and few in the financial services industry will lament his departure.

But his parting speech last week was one of dignity and humility little like Margaret Thatcher’s moment where she left with a tear in her eye. On the steps of Number 10, Mr Brown repeated his most commonly used word, ‘fairness,’ which seemed at the heart of his personal philosophy, and one with which many would find it hard to argue. His problem came in the policies he pursued under the guise of this fairness and how he tried to redistribute wealth in the interests of achieving it. The new Prime Minister David Cameron also talked regularly about fairness in his election campaign an...