Financial Times FT.com

Bank meltdown opens way for PM to cash in

By Andrew Bolger, Scotland Correspondent

Published: November 7 2008 01:01 | Last updated: November 7 2008 01:01

Labour’s achievement in holding off the Scottish National party’s advance at Glenrothes is a personal boost for the prime minister and will give his party new heart.

It suggests voters may be more willing to give Gordon Brown credit for his handling of the global financial crisis than to blame him for leading the UK into recession.

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