Since 1994, the Labour Party have been known as the New Labour Party, the brainchild of Tony Blair (who eventually became PM in 1997 after 18 years of Tory rule) and Gordon Brown (who became Chancellor in 1997 and PM in 2007).
But, after lurching from one disaster to another in recent years, including Monday's less than convincing emergency Budget delivered by the Chancellor, Alistair Darling, as Britain heads towards its first recession since the early 1990s, the end is nigh for these socialists.
Britain is surely heading towards Tory rule again in 2010...
Obituary: New Labour
By GEORGE PASCOE-WATSON
Sun Political Editor
26th November 2008
End of an era ... New Labour
THE tragic death of New Labour has been announced in No 10, Downing Street.
New Labour passed away after a 14-year battle with socialism.
The lethal disease was thought to have been eradicated in Britain.
But New Labour was unable to fight off the killer condition which has claimed the lives of previous Labour governments.
The last rites were performed by Gordon Brown and Alistair Darling in the House of Commons on Monday.
New Labour died after a fatal dose of tax rises, plans to nationalise the entire banking system and £1trillion of debt.
Its heartbroken father, Tony Blair, was too upset to comment.
The former PM spent 13 years in charge of the party, fighting off Left-wingers’ demands to soak the rich with tax hikes.
Lethal
But New Labour couldn’t fight off a lethal bout of socialism which it caught while exposed to the recession.
New Labour was born in 1994 and grew to become one of the most successful modern political parties.
It won three General Elections with huge victories by befriending big business and encouraging wealth-creators to set up thriving firms.
New Labour was hit by its first life-threatening attack of socialism when it ordered National Insurance rises in 2002.
But it survived the move and went on to win the 2005 General Election.
However, behind the scenes ministers exposed it to the dangers of an explosion in public sector workers.
It spent billions of taxpayers’ cash trying to deliver on its promise of world class schools and hospitals.
But the cash went on 700,000 more state workers, pay rises and gold-plated pensions.
Promises to reform the public services were never met and billions have been frittered away.
And on Monday the Chancellor was forced to admit New Labour has succumbed to an over-bloated State with borrowing of £118billion next year.
Mr Darling and Mr Brown abandoned their insistence on keeping taxes down.
The Government will now spend more on debt interest alone every year than on defence — or £2,000 per household.
New Labour looked healthy on the outside as millions cashed in on the housing bubble. But the property market was nowhere near as rosy as it looked and the illusion has now been shattered with the gridlocked housing market.
Mr Brown — when Chancellor — had promised only to borrow cash to invest in the country’s future.
But that promise died on Monday when he decided to borrow billions to try to kickstart the economy.
Many in New Labour are grief-stricken about the death of their project.
They believe the gamble with more taxpayers’ cash will be the final nail in Labour’s coffin — New or Old.
The life and death of Blair's baby
TEN key events in the life of New Labour
JULY 1994: New Labour is born, with Tony Blair the proud father
APRIL 1995: Clause IV of Labour’s constitution, setting out the original aims and values of the party, is ditched
New start ... Tony and Cherie Blair move into No 10 after New Labour win the 1997 Election after 18 years of Tory rule
MAY 1997: New Labour wins landslide General Election victory, ending 18 years of Conservative rule
APRIL 2000: Ken Livingstone is booted out of New Labour and later elected Mayor of London, standing as an independent
JUNE 2001: New Labour wins a second General Election with another landslide victory
2001: Blair confounds Left-wingers by becoming a key ally and pal of US President George W Bush
MARCH 2003: Blair sends British troops into the Iraq war alongside US and Allied forces
MAY 2005: Blair wins third Election for New Labour
JUNE 2007: Blair hands over Labour leadership to Gordon Brown
NOVEMBER 2008: New Labour dies in emergency Budget
thesun.co.uk
But, after lurching from one disaster to another in recent years, including Monday's less than convincing emergency Budget delivered by the Chancellor, Alistair Darling, as Britain heads towards its first recession since the early 1990s, the end is nigh for these socialists.
Britain is surely heading towards Tory rule again in 2010...
Obituary: New Labour
By GEORGE PASCOE-WATSON
Sun Political Editor
26th November 2008
End of an era ... New Labour
THE tragic death of New Labour has been announced in No 10, Downing Street.
New Labour passed away after a 14-year battle with socialism.
The lethal disease was thought to have been eradicated in Britain.
But New Labour was unable to fight off the killer condition which has claimed the lives of previous Labour governments.
The last rites were performed by Gordon Brown and Alistair Darling in the House of Commons on Monday.
New Labour died after a fatal dose of tax rises, plans to nationalise the entire banking system and £1trillion of debt.
Its heartbroken father, Tony Blair, was too upset to comment.
The former PM spent 13 years in charge of the party, fighting off Left-wingers’ demands to soak the rich with tax hikes.
Lethal
But New Labour couldn’t fight off a lethal bout of socialism which it caught while exposed to the recession.
New Labour was born in 1994 and grew to become one of the most successful modern political parties.
It won three General Elections with huge victories by befriending big business and encouraging wealth-creators to set up thriving firms.
New Labour was hit by its first life-threatening attack of socialism when it ordered National Insurance rises in 2002.
But it survived the move and went on to win the 2005 General Election.
However, behind the scenes ministers exposed it to the dangers of an explosion in public sector workers.
It spent billions of taxpayers’ cash trying to deliver on its promise of world class schools and hospitals.
But the cash went on 700,000 more state workers, pay rises and gold-plated pensions.
Promises to reform the public services were never met and billions have been frittered away.
And on Monday the Chancellor was forced to admit New Labour has succumbed to an over-bloated State with borrowing of £118billion next year.
Mr Darling and Mr Brown abandoned their insistence on keeping taxes down.
The Government will now spend more on debt interest alone every year than on defence — or £2,000 per household.
New Labour looked healthy on the outside as millions cashed in on the housing bubble. But the property market was nowhere near as rosy as it looked and the illusion has now been shattered with the gridlocked housing market.
Mr Brown — when Chancellor — had promised only to borrow cash to invest in the country’s future.
But that promise died on Monday when he decided to borrow billions to try to kickstart the economy.
Many in New Labour are grief-stricken about the death of their project.
They believe the gamble with more taxpayers’ cash will be the final nail in Labour’s coffin — New or Old.
The life and death of Blair's baby
TEN key events in the life of New Labour
JULY 1994: New Labour is born, with Tony Blair the proud father
APRIL 1995: Clause IV of Labour’s constitution, setting out the original aims and values of the party, is ditched
New start ... Tony and Cherie Blair move into No 10 after New Labour win the 1997 Election after 18 years of Tory rule
MAY 1997: New Labour wins landslide General Election victory, ending 18 years of Conservative rule
APRIL 2000: Ken Livingstone is booted out of New Labour and later elected Mayor of London, standing as an independent
JUNE 2001: New Labour wins a second General Election with another landslide victory
2001: Blair confounds Left-wingers by becoming a key ally and pal of US President George W Bush
MARCH 2003: Blair sends British troops into the Iraq war alongside US and Allied forces
MAY 2005: Blair wins third Election for New Labour
JUNE 2007: Blair hands over Labour leadership to Gordon Brown
NOVEMBER 2008: New Labour dies in emergency Budget
thesun.co.uk