Glasgow - Leaders of Britain's Labour Party opened a pre-election conference yesterday, promising a target elusive for a generation, full employment. The Chancellor of the Exchequer, Mr Gordon Brown, said he would offer no lavish giveaways in his March budget to woo voters ahead of an expected May election. Economic stability, he said, was the prize from which all else flowed.
Unemployment fell to a 25-year low this week. Inflation, at 1.8 per cent, is the lowest since records have been kept. Opinion polls put Labour 20 points ahead of the Conservatives.
US strategists say former Democratic vice-president Al Gore lost the Presidency partly because he did not take credit for years of economic growth.