Fund manager spends £5,000 to criticise Brown - papers 5 July

Patrick Evershed, of New Star Asset Management, accused Mr Brown of building up the British economy on a "mountain of debt". He said consumer borrowing and private equity industry gearing had kept the economy afloat over the past 10 years. Mr Evershed, who describes himself as "an active member of the Conservative Party", said yesterday that he had placed the adverts because of his concern about Mr Brown's economic record, rather than to score political points. This is the second time he has placed advertisements attacking Labour. Last year, he spent tens of thousands of pounds on front-pag...