Turmoil hit efforts to implement new pensions law overnight with the surprise resignation of work and pensions secretary Andrew Smith, and no hint of just who might replace him.
The resignation marks another stage in the ongoing battle between Tony Blair and Gordon Brown for supremacy within the Labour Party. There are questions about whether Smith walked or was pushed, given briefings against him were made all summer, the paper quotes former food and agriculture secretary Nick Brown. Word on a replacement is likely to be in line behind the focus on Alan Milburn as a possible party chairman. The FT says a return to cabinet of the former health secretary and Blairite would strengthen Blair’s grip on government given Smith has been associated with Brown’s pu...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
